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justaname
2015年5月24日下午5點53分

WTI SHORT BECAUSE BEARISH DIVERGENCE 看空

Crude Oil (WTI)FXCM

描述

Oil has been in consolidation for the last 3 weeks, ranging in the 58-62 interval.
Oil has RSI bearish divergence on daily chart, and on weekly, RSI is about to turn down.
Since this is supported by a potential rise in US Dollar, oil will likely fall below support at 58$, breaking the 58-62 channel.
Breaking 50 day exponential moving average at 56$ will make oil look for a target at 50-53$ in the next couple of weeks.

If oil fails to break below 58, oil will continue to stay in channel.

See EU related ideas for why is dollar strong.
評論
jangseohee
200ema!! @64
justaname
yes, if it breaks 64 we're continuing the uptrend
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