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USOIL WTI Crude bullish divergence in H1

Long
CFDs on Crude Oil (WTI) (FX:USOIL)  
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FX:USOIL   CFDs on Crude Oil (WTI)
crude WTI rsi_divergence Relative Strength Index (RSI) Commodity Channel Index (CCI) Crude Oil WTI rohöl L Divergence LONG Bullish Patterns Bullish Divergence h1 sinatrafx germany USD EUR Forex fx
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crude wti rsi_divergence relativestrengthindex commoditychannelindex usoil rohöl l divergence long bullish bullishdivergence h1 sinatrafx germany usd eur forex fx
USOIL WTI Crude bullish divergence in H1

possible targets 36.70 and 37.70 if trendline holds backtest
Comment:
Nice move towards T1 at 36.70 on surprise decline in API crude oil inventories.
Looks like once 0.23 fib support is taken out, we are heading for T2 at 37.70 (0.38 fib).
Comment:
Crude has reached T1 and is now dancing on the 0.23 FIb line, building further momentum for another advance.
Key fundamental data for today is the EIA Crude Oil Stocks change figure at 16:30 CET.
Cheers
Comment:
37.70 T2 reached.
good boy ;)

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