CFDs on WTI Crude Oil
Long
Updated

CRUDE OIL (WTI) Your Trading Plan For Next Week🛢

1583
snapshot

Hey traders,

WTI Crude Oil is approaching a solid demand area.
To catch a bullish move from that, watch the reaction of the price to the resistance line of a falling parallel channel.
If the price breaks and closes above that, we will expect a bullish movement at least to 104.5 level.

Alternatively, bearish violation of the yellow zone will trigger a further decline.

Good luck next week, traders!

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Note
Check my new idea on USDCAD:
USDCAD: Very Bearish Setup 🇺🇸🇨🇦

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