Get started
cipresko

US OIL- RDR sign, strong trendline

Long
CFDs on WTI Crude Oil (TVC:USOIL)  
cipresko Updated   
TVC:USOIL   CFDs on WTI Crude Oil
Trend Analysis Technical Indicators Oil Crude Oil WTI Crude Oil
8
0
trendanalysis indicator oil usoil crudeoil
We can see a nice RDR reversal signal on Oil. I took a small long position at 50,45 with stops below 49,20.

If OIL brakes a strong trendline from January 7th, i expect a strong push toward 54,50lvl and second target around 57lvl.

Br. C
Comment:
stop loss moved to: 50,30 lvl
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.