CompatibleTradingSystem

CompatibleTradingSystem Updated 

As it could be seen, the upper bound of the rising trend channel is broken. This is a very bullish sign. Buy in the pullback. If the price returns below the trend line we will change our strategy as well.

CompatibleTradingSystem

It could be a an idea that WTI is near the top of the chord. If this is a true hypothesis, a serious slide is coming. If you liked this idea, please support us with your kind likes. Thanks.

CompatibleTradingSystem

As it could be noticed, in daily chart, a huge CUP and HANDLE pattern is forming. This means a strong bullish trend afterwards. If you liked our idea, it would be of your kind to drop a like supporting our team. Thanks

CompatibleTradingSystem

As is could be seen, after the break out of the falling channel, the price has lived healthy above the channel. Therefore, a potential rise to the previous support turning to resistance is probable.

CompatibleTradingSystem

As it could be seen, the price is rolled over on its support and penetrated into the falling channel again. A short term rise is expected. Then look for sell.

CompatibleTradingSystem

As it could be seen, a 3 years old trend line is a strong hurdle to stop the rise. A pull back could be seen. Be cautious also for a break.