OIL - buy on 1H after confirmation
market price showed some strong support at 53.60 $ area after correction movement and has build a higher low on 4 H which is bullish indicator and give the chance to break the triangle formation up wards
-MACD baselines going to cross bullish which brings buyers into the market
-RSI baselines retraced from support area which indicates bullish trend continuation
-MACD baselines going to cross bullish which brings buyers into the market
-RSI baselines retraced from support area which indicates bullish trend continuation
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The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
