VasilyTrader

CRUDE OIL (WTI): Top-Down Analysis & Your Trading Plan 🛢️

Long
TVC:USOIL   CFDs on WTI Crude Oil

Have you seen that sell-off on WTI?!
The market was falling like crazy, breaking one key level after another.

Now the price is on a key daily horizontal support.
I see a nice double bottom on 1H time frame that can give us a perfect confirmation to buy.

Wait for 1H candle close above 82.92 - its neckline.
Then buy aggressively or on a retest with goal - 84.4

Alternatively, if the price sets a new lower low, the setup will become invalid.

❤️Please, support my work with like, thank you!❤️

âś…Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel www.youtube.com/c/VasilyTrader

đź’°Instagram: www.instagram.com/VasilyTrader/ đź’°

âś…Facebook: www.facebook.com/VasilyTrading/ âś…
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.