Looks like Crude is shooting for abcd pattern and will break the down channel. This week, there should be a correction creating a chance to jump in and long WTI. Next a few months, trend should be up and go as high as 0.786. From 59.30 to 61.51 area could be a resistance area.
Trade with care and use the goddamn stop loss people.
Trade with care and use the goddamn stop loss people.
Comment:
WTI broke the trend line and now, any pullback is a chance to jump in and long it.