Get started
CFDs on WTI Crude Oil
Short

USOIL Futures

By Journeyman124
Updated
RSI Divergence indicating a false breakout. Overbought. Short side channels should start to take hold.
Note
Nice build on crude report this week gasoline has had huge builds the last few weeks (Normal this time of year before refinery maintenance) Expecting more builds in crude going forward record US Production more rigs coming real quick. Crude is a bit oversold in shorter time frames dollar has been pathetic DXY USD seems to be holding any move up in the dollar and queue the dump.
Note
Look out below !!!!!! Could see a parabolic move lower bollie sitting right at 60$
Note
YEP
Chart Patterns
Journeyman124

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.