Oil Trendline Test


Oil Trendline Test

1D – PSAR Flipped Negative
1D – Decreased sell volume
4H – Lower Lows formed
4H – Price crossed under 50 MA
1H – Bearish Divergences ( RSI , Stoch , CCI , ADP)
1H – Price crossed over 50 MA

Expecting retest of weekly trendline and hit .618 Fib at $101