Updated
What the hourly chart tells us.
Interesting bounce off support there.
Will it hold above that RSI trend line??
Let me know your thoughts! is $50 dollar oil already factored into price?
Will it hold above that RSI trend line??
Let me know your thoughts! is $50 dollar oil already factored into price?
Note
There should also be a RSI resistance line at 52.63 which coincides with roughly 13 points actually testing that level. I will note however that I encourage you to think of resistance as an area and not as a single level. Blessings
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-If you find this idea interesting please leave a like
-Follow for more
-Comments are always welcomed and appreciated
-Follow for more
-Comments are always welcomed and appreciated
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.