Crude Oil showing interesting pattern

CFDs sur Pétrole brut (WTI) (FX:USOIL)

Mis à jour

FX:USOIL CFDs sur Pétrole brut (WTI)

Looks like Crude Oil (WTI) will be falling to 60's as it has broken a long term trendline, It depends pretty much on the key support at 64.60 area.
If it breaks I will enter a SHORT, otherwise I am going LONG till 70-s.

Let's see.

Commentaire:

It never broke, so I entered a LONG till 70.10.

Trading intraday afterwards as the oil became range-bound. See my latest analysis as it seems there is more downtrend coming and then at 64 define (once again) a direction.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.