oil close to breaking triangle - downward
wti is close to breaking the triangle, downwards > that would open anoter bottom reach and most likely bears will push it down, to reach a final minimum <$40. there is the buy opportunity, and wait patiently until $60+, as downward possiblity limited to the 30s. RSI also divergent on the 3h chart, and daily also bearish. plus, USD is up, and will go upward some more.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.