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archittaori1471

Crude - negative divergence

Short
Crude Oil Futures (MCX:CRUDEOIL1!)  
archittaori1471  
MCX:CRUDEOIL1!   Crude Oil Futures
Technical Indicators Oscillators Crude Oil Divergence
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indicator oscillator crudeoil divergence
Crude is currently in a good uptrend without any major correction. This seems to be a bit unrealistic as there are not major base formations.

It is forming a negative divergence with RSI moving down and the price is moving up . 9200 is the breakdown level. Once that level is broken , we can see 8800

9500 - Sell on Rise Levels
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