CFDs on WTI Crude Oil
Long

WTI Respected Daily Support. Now Going Up!

1 272
snapshot

WTI has clearly respected a key structure support level on a daily.
we see a sequence of rejection/dodji/engulfing candles and rsi divergence as well.

I have a bullish bias on WTI and currently hold a long position.

My stop is 50 level but I have entered a few days earlier.

Key levels for targets:
56.0
58.0
60.0

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.