PAY ATTENTION ON THE OIL MARKET (RSI BEARISH DIVERGENCE/HOURLY) CRUDE OIL FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) NYMEX:CL1! ViclreTrade To complete the previous post about RSI divergences on the oil market: On a hourly timeframe, a weak bullish divergence on the Relative Strength Index ( RSI ) happened from end of September to beginning of October 2021, which led to an increase of the oil price since end of August (from $75.00 to $80.00). But for now, since end of September, a stronger bearish divergence on the Relative Strength Index ( RSI ) is in progress: the oil price is increasing (from $76.00 to $80.00), while the indicator is decreasing (from 79 to 72) in the overbought zone. The bearish divergence is still in progress. Moreover, a doji , followed by a red candlestick , led to a bearish engulfing . PAY ATTENTION!