Divergence on H1 for USOIL 6th June 2022
Divergence appear this morning
First SNR 120.22 already break out
Enough momentum to go down
However, candle failed to break previous engulfing break out at 119.26
Now, price floating between 2 SNR at 120.22 & 116.26
if candle manage to break 116.26, momentum down will continue to 117.65
But if candle break 120.22, Trend Bullish will continue
First SNR 120.22 already break out
Enough momentum to go down
However, candle failed to break previous engulfing break out at 119.26
Now, price floating between 2 SNR at 120.22 & 116.26
if candle manage to break 116.26, momentum down will continue to 117.65
But if candle break 120.22, Trend Bullish will continue
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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.