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shahrukhshafiq

USOIL - 30min - Short Entry - Fib - RSI Implications

Short
CFDs on WTI Crude Oil (TVC:USOIL)  
shahrukhshafiq  
TVC:USOIL   CFDs on WTI Crude Oil
Trend Analysis Fibonacci Trend Lines Crude Oil WTI usoilshort analysis fibonnacci shahrukhshafiq
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trendanalysis fibonacci trendline usoil usoilshort analysis fibonnacci shahrukhshafiq
In USOIL - Crude Oil, we can spot a Bullish divergence but the trend in going bearish with clear HL & LL. With my experience, it is not a valid Divergence.

FIb retracement value 0.382 is valid because after LL it retest that value and now it will go down.
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