Hello everyone
Just noticed oil triple bottom on 4h chart. Macd is diverging. Divergence can stay for long time without any significant price move as it can just be a correction in time.
How to play it:
Wait for macd to cross over zero and chikou to clear past price candles. I'll buy some then with stop below triple bottom. Can be a good trade. Nothing to do for now but watch it.
Thanks
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