TVC:USOIL   CFDs on WTI Crude Oil
Price at resistance at the moment, waiting for the break higher. Markets look very positive at this moment, equities making new highs and OPEC+ has done quite a bit to to limit production.
We also approach the Bear Gap from the crash and looking to ride the gap up to its close.
So far, fundamentals and technicals show the worst is behind us in oil , but keeping track of the news.

Please support the idea and share your thoughts on WTI!

Good Luck and Stay Healthy!
Comment: It could also look as a potential double top with divergence on RSI, but investor mood suggests it is less likely, but still watching the candles for any sign of reversal.

Comments

possible but down to 28 then up to 42
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@Vlad187, I would love to see a pullback down first for better buying levels, let's see how it goes.
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