LONG OIL on price/momentum divergence targeting missed pivots
1. Divergence price/momentum with oversold RSI
2. Trend line break
3. Missed daily & weekly pivots above the price
Go long at this level targeting:
1. Short term - missed daily pivot
2. Longer term - missed weekly pivot
SL goes below the recent low
2. Trend line break
3. Missed daily & weekly pivots above the price
Go long at this level targeting:
1. Short term - missed daily pivot
2. Longer term - missed weekly pivot
SL goes below the recent low
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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.