Let's take a quick look at the Oil CFD. I've had this chart for days / weeks on my watch list, but never received the signal I need.
Now we have several factors that play into our hands. - We rebounded the MACD with a negative divergence from the 2.0 brand - We successfully rebounded the backtest from last October's course tally (blue line) - Bearish Englufing - Trend ending by falling short of the last low
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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.