miketiger

OIL Bullish after a nearst retrace

OANDA:WTICOUSD   West Texas Oil
OIL mediumterm analysis

Daily RSI is very High, and on divergence. We expect a retest of ema50 daily and after a broke of 90 level.

Target on chart

Be carefull, patient and discipline.

This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market.
But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.

Good trades to All.

Penafian

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