Crude Oil FuturesUpdated Oil Continuation Soon?
Daily RSI showing higher lows while daily price is showing lower lows for a bullish momentum divergence. Chart picture could also be a cup with currently forming handle. If price is able to move above $44 a barrel and hold it may be time to be long oil.
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Seems like I had the right idea
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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.