posted by
FXTimes
383 days ago
in Technical, Daily, Oil
made popular 383 days ago
The daily WTI Crude Oil chart shows a market that has been trading within a rising support trendline and a declining resistance trendline. Some would call this a triangle. The thing to note here is that coming into this congestion, the market was bullish. The daily RSI reading has kissed 70, failed to break below 40 and tag 70 again...