See also
07.08.2023 07:23 PM
Blue lines- bullish channel
Oil price is in negative territory at the beginning of the week as price is trading around $82.35. The week started with a new daily higher high at $83.29. Price remains inside the daily blue upward sloping channel. As long as this is the case, bulls will remain in control of the trend. Support by the channel is found at $80.40. A break below this level would be a bearish signal. The RSI has provided a bearish divergence high (lower high). This is only a warning. Current oil price condition justifies a reversal and a pull back towards $79 at least, but there is no sign of such a reversal in play.
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaTrade anyway.
We are sorry for any inconvenience caused by this message.
