dollarbulldog

dollarbulldog Updated 

NYMEX:CL1! CL1 is in major downtrend after bullish swing. There is short buying opportunity due to spotting RSI wide swing divergence. Reward to risk is as high as 5. Wait for price break down the uptrend line (1H) to confirm the signal confluence.

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Does This seem to be a sign of decending triangle in long time frame?