US OIL is at horizontal support where bulls once again can show momentum, while having a double bottom too.
The falling trendline is a hurdle for bullish trend continuation.
There is a bullish divergence on RSI too.
The break above falling trendline will give complete control to bulls. While break below double bottom will give strength to bears.
Trade your levels accordingly.
The falling trendline is a hurdle for bullish trend continuation.
There is a bullish divergence on RSI too.
The break above falling trendline will give complete control to bulls. While break below double bottom will give strength to bears.
Trade your levels accordingly.
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