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West Texas Oil
Long
Updated

$WTIC Quick #Bull play before #Bear

127
Placed small long position here with a tight stop loss. RSI looks oversold. Kijun and Tenkan forming c-clamp. Possibly a small bounce here to end the week. On the larger time frames, OIl still looks pretty bearish.
Note
Stopped out. Placed new call limit order @ 63.63
saburdometals
Also on:
Chart PatternsTechnical IndicatorskijunsenLONGOilParallel ChannelRelative Strength Index (RSI)stoplosstakeprofittenkansenTrend AnalysisWTI

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.
Chart PatternsTechnical IndicatorskijunsenLONGOilParallel ChannelRelative Strength Index (RSI)stoplosstakeprofittenkansenTrend AnalysisWTI
saburdometals
Also on:

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.