CRUDE OIL 60M seems a good BUY setup
60M - i see a buy setup there. however, i am not so sure because of the bearish impulsive wave before the correction happened. it should go down but the corrective wave is making a flag pattern that seems has to go up.
strategy - if it breaks the support trendline, go short and wait for rebound at the bigger support trendline there looking for more upside potential. if it breaks the resistance trendline then go long.
macd seems divergence there.
strategy - if it breaks the support trendline, go short and wait for rebound at the bigger support trendline there looking for more upside potential. if it breaks the resistance trendline then go long.
macd seems divergence there.
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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.