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ViclreTrade
12 ตุลา 2021 เวลา 6 นาฬิกา 39 นาที

PAY ATTENTION ON THE OIL MARKET (RSI BEARISH DIVERGENCE/HOURLY) ลดลง

Crude Oil FuturesNYMEX

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To complete the previous post about RSI divergences on the oil market:
On a hourly timeframe, a weak bullish divergence on the Relative Strength Index (RSI) happened from end of September to beginning of October 2021, which led to an increase of the oil price since end of August (from $75.00 to $80.00).
But for now, since end of September, a stronger bearish divergence on the Relative Strength Index (RSI) is in progress: the oil price is increasing (from $76.00 to $80.00), while the indicator is decreasing (from 79 to 72) in the overbought zone.
The bearish divergence is still in progress.
Moreover, a doji, followed by a red candlestick, led to a bearish engulfing.
PAY ATTENTION!

ปิดการเทรด: ถึงเป้าหมายการทำกำไร

Finally!
ความคิดเห็น
peltouny
Got hammered these past few days on my oil short position. Although Im sure it'll payoff by next week. Looking for retracement back to 76
ViclreTrade
@peltouny, Finally bro! I also had an objective at 76 USD. Reached!
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