we have a strong resistance level and a divergence ... we can sell it
we can wait the price to go down ... we will not sell it yet .. we will wait to re test
4 reasons to long Oil 1: a support level 2: divergence 3: H&S on the 1H time frame 4: nice bin bar and rejection of 0.618 fibo on the W time frame good luck
Read it till the end ... they said the the market repeat itself well lets have a look to the past then ... on 2015 the price came to a very strong support level and gave us an oversold on RSI and then bounced after 213 days on 2015 its visited the same level again that is the second time and also the price gave us an oversold on the RSI with a fake...