WTI CRUDE OIL
hello traders here buy set up for USOIL using the TOPDOG TREND FALLOW INDICATOR
Oil shot up to a one-year high on Tuesday, with WTI topping $55 per barrel.
The oil market is supported by the combination of tightening fundamentals,
As seen through the rising backwardation and the renewed risk appetite in the U.S. stock market
if you fallowed my previous analysis price stayed trending between $54- $55 we might take step back and retest support to hit $56
look for buying opportunities as long as %54.36 is your support
Oil shot up to a one-year high on Tuesday, with WTI topping $55 per barrel.
The oil market is supported by the combination of tightening fundamentals,
As seen through the rising backwardation and the renewed risk appetite in the U.S. stock market
if you fallowed my previous analysis price stayed trending between $54- $55 we might take step back and retest support to hit $56
look for buying opportunities as long as %54.36 is your support
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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.
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.