We now have a pretty clear RSI daily divergence in US oil (futures chart shown here). With the daily daily 200MA and resistance above and the rising wedge reversal pattern this looks like a good sell.
Take profits at break of rising wedge pattern.
Take profits at break of rising wedge pattern.
Trade closed: target reached
very quick action on this trade closed out at break of rising wedge as predicted
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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.