CFDs on WTI Crude Oil
Long
Updated

WTI breaks the Short-term Up-Trendline

170
[H4, Chart] May 1st 2019, 10:15 PM
WTI has broken the Short-term Up-Trendline and are trading at Support Level ($63).
In my opinion, it's a little dangerous to get in (go long). But, if the Short-term Up-Trend continues, I see a big P/L ratio. In this case, I'll go long and place Stop-Loss at lower Support Level ($61.5)
snapshot
Trade closed: stop reached
There's a reversal signal.
Close position and go short in this case.

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