Oil is trending down near 1.618 fib extension ending soon the down wave C, on H1. On M30, we can see a clear divergence on the RSI, with a trendline breakout, Oil can start becoming bullish.
At the same time, CPI In Canada and UK are high on today's news, which is very good for Oil.
Thank you,
Joe.
At the same time, CPI In Canada and UK are high on today's news, which is very good for Oil.
Thank you,
Joe.