$USOIL - Bounce or die.
The really big dip into the liquidity pool on the low 40s formed a huge momentum divergence on the daily chart.
It's a great chance for a bounce into the monthly pivot which would also be the OTE short target since the start of the divergence.
It's a great chance for a bounce into the monthly pivot which would also be the OTE short target since the start of the divergence.
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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.