Looks like Crude is shooting for abcd pattern and will break the down channel. This week, there should be a correction creating a chance to jump in and long WTI. Next a few months, trend should be up and go as high as 0.786. From 59.30 to 61.51 area could be a resistance area.
Trade with care and use the goddamn stop loss people.
Trade with care and use the goddamn stop loss people.
Note
WTI broke the trend line and now, any pullback is a chance to jump in and long it.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.