CFDs on Crude Oil (WTI)Updated Accumulation of power for OIL
W - uptrend,
D - trading in range, double bottom
on Boilinger Bands signs of reversal - bouncing from up channel do down.
4H - clear divergence,
Volumes go lower = time to get work in flat
Then trend will test 80 and try to go higher
I think it worth to try open long from 65 with tight SL and TP around 79-80
Or to trade in range from 65-75.
Its good time to work on small time frames
D - trading in range, double bottom
on Boilinger Bands signs of reversal - bouncing from up channel do down.
4H - clear divergence,
Volumes go lower = time to get work in flat
Then trend will test 80 and try to go higher
I think it worth to try open long from 65 with tight SL and TP around 79-80
Or to trade in range from 65-75.
Its good time to work on small time frames
Trade active
OPENED LONG From 63.5TP 73.5 awaiting in middle of November
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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.