DLavrov

Time for Bears?

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FX:USOIL   原油差價合約(WTI)
Oil
11
oil
Price bounced from resistance 50.00 in second time. It could be reversal and time for bears? MACD and RSI confirm this reversal and forms Bearish Divergence. DMI does not confirm strong up movement. DI lines changes and give sell signal. Entry level is below Moving Average with period 50 or 48.90. Stop level above 50.10 and Targets are: Moving Average with period 100 and above support level 46 if price breaks MA100.

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