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CFDs on WTI Crude Oil
Updated

OIL CONSOLIDATING FOR NEXT MOVE UP

250
Looks like another week or two of backing and filling that triangle consolidation then onward and upward to 72.
Note
Idea is working. oil should be moving higher towards Memorial Day here in the States.
Note
Almost to the buy zone. would initiate a position in oil under 60.
joeperullo
Chart Patterns

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Chart Patterns
joeperullo

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.