CL1! - Crude Oil Divergence

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What do we have here?

Divergence and resistance tell a story. But the indicators are not predictors. They "indicate".

That's why we are patient and wait for a break of the trendline (yellow) on a close. If that happens, then we have more certainty and can short a potential pullback

#patientpitchfork @RiderOfThePF
Nota
It looks like they washed the upside.
Here's a 1h view:

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Chart PatternsCrude Oil Futures WTI (CL1!)clshortcrudeCrude OilcrudeshortTechnical IndicatorsTrend Analysis

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