Brent Crude Oil has completed a 5 wave impulse to the upside and has put in 3 divergent RSI highs on the momentum indicator signaling a lack of buying momentum to support the recent price moves.
Everyone on the news is bullish crude and worried about Russia but this looks like it's all going to blow over and oil is going to take a dive for some reason.
Everyone on the news is bullish crude and worried about Russia but this looks like it's all going to blow over and oil is going to take a dive for some reason.