Oil is set for a long decline ($55 TP1 and $50 TP2) in the upcoming 6 months.
Confirmed with;
1. Long term significant resistance level
2. RSI - Price divergence
Stop loss at 62.25
Confirmed with;
1. Long term significant resistance level
2. RSI - Price divergence
Stop loss at 62.25
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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.
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.