Bullish case for WTI crude (USOUSD)
Updated
Price above the cloud? Yes
Tenkan-sen crossed above the Kijun-sen? Yes
Chikou span above the cloud? Almost there
Chikou span above price? Yes
Future cloud bias? Bullish
This is not a trade recommendation, it is just my analysis.
You should be aware that trading carries a high level of risk, so only trade with money you can afford to lose. Please use sound money and risk management if/when you trade.
If you like my idea, please give a “boost” and follow me to get even more.
Please comment and share your thoughts too!!
Tenkan-sen crossed above the Kijun-sen? Yes
Chikou span above the cloud? Almost there
Chikou span above price? Yes
Future cloud bias? Bullish
This is not a trade recommendation, it is just my analysis.
You should be aware that trading carries a high level of risk, so only trade with money you can afford to lose. Please use sound money and risk management if/when you trade.
If you like my idea, please give a “boost” and follow me to get even more.
Please comment and share your thoughts too!!
Trade active
A nice hammer candle is developing here. If you are not long already, you may want to consider that.
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.