Oil finds support at 200-DMA, Will history repeated itself?

241
On last two occasions, oil price staged a strong rebound from around 200-DMA levels. On both occasions, the RSI was oversold as well.
This time, the RSI is oversold as well. But wait, look at the 50-DMA... it has topped out this time around. Will history repeat itself?

Pernyataan Penyangkalan

Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.