WTI CRUDE OIL Bullish reversal expected.
WTI Crude Oil / USOIL is pulling back on the 4hour chart, approaching the Support A level.
This level is where the last two rallies started on Oil.
The 4hour RSI being oversold as now, has coincided with 3 out of 5 major rallies since September 10th, so it is always a desirable level to buy.
Go long and target 78.00 near Resistance A.
Follow us, like the idea and leave a comment below!!
This level is where the last two rallies started on Oil.
The 4hour RSI being oversold as now, has coincided with 3 out of 5 major rallies since September 10th, so it is always a desirable level to buy.
Go long and target 78.00 near Resistance A.
Follow us, like the idea and leave a comment below!!
TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
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.