Will the fall in crude oil prices begin
Hi Traders!
WTI oil has been in a dowtrend channel since 8 July , 2008 and has repeatedly disrupted the uptrend. This time, too, due to Sharp's ascent, the ascent will be rejected and the next targets will be 51, 43.20 and 26.60, respectively. even in RSI, there is a negative divergence and the price should definitely fall.
Good Luck
WTI oil has been in a dowtrend channel since 8 July , 2008 and has repeatedly disrupted the uptrend. This time, too, due to Sharp's ascent, the ascent will be rejected and the next targets will be 51, 43.20 and 26.60, respectively. even in RSI, there is a negative divergence and the price should definitely fall.
Good Luck
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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.