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pbartashevich

WTI - Oil trip the TOP

Long
CFDs on Crude Oil (WTI) (FX:USOIL)  
pbartashevich Updated   
FX:USOIL   CFDs on Crude Oil (WTI)
AB=CD Double Top or Bottom Moving Averages Oil WTI
23
2
abcdpattern doubletoporbottom movingaverage oil wti
Finally WTI has finished its correction by producing a weekly pin of weekly 200SMA and 0.618 fib. Next move will be back to 2018 high area as outlined on a chart. No much to say here.

Good luck!
Comment:
Weekly close is bullish but it is time to ensure this trade is profitable as we approaching resistance.

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