cryptodiggy

Positive RSI divergence on oil daily, bounce incoming?

Long
TVC:USOIL   CFDs on WTI Crude Oil
I see a positive RSI divergence on oil daily chart, plus prices are lowest since 2002...

I think there's a good chance it can bounce hard, possible to see a 100% gain in a short period of time in the coming weeks?

Could still have a spike lower or capitulation down, but if that happens likely to be very short term IMO...

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