Xa01

WTI Crude Oil back to train!

Long
TVC:USOIL   CFDs on WTI Crude Oil
After it reverse when reaching EMA 200 in daily chart, it’s on its way to back to meet the upper trendline following the bearish channel.
A good bullish engulfing form will takes the price higher before it meet the next key resistance!
Current resistance seems weak, will gain more power if stays above this key level.
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.