USOIL Is Going Up! Long!
WTI Oil Future FX:USOIL
Time Frame: 45m
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 62.605.
Considering the today's price action, probabilities will be high to see a movement to 63.435.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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source https://www.tradingview.com/chart/USOIL/rFTziIMc-USOIL-Is-Going-Up-Long/
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