Hi! I think oil has formatted false breakout of level 54.
Why I think so
1) On the 1h we can see that RSI in the 70
2) Also it has divergence on the 4h
Why I think so
1) On the 1h we can see that RSI in the 70
2) Also it has divergence on the 4h
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.
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.