CFDs on WTI Crude Oil
Updated

USOIL (25/02/22) - Active (Initial Expectations)

134
Prices will test around $94.9x (0.382 level) before going up for the first target @ $95.9x (0.500 level) and around $97.5x as a second target to perform a new hill .

A bullish signal (start buying) coming from a down market due to an expected intersection between RSI & RSI-EMA10. Traders must wait until the blue RSI curve trends up after the intersection with yellow RSI-EMA curve to confirm the buying decision.
Trade active
The prices perform a LH point on ZigZag indicator and are moving up to $94.9x as first step, $95.9x as second step and around $97.5x as a third step to close the hill. May be circumstances change in the next hours and uptrend the price over the $100.00 level for short time like yesterday to perform a HH point.

snapshot

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