Get started
VladimirRibakov

Oil - Looking To Buy Pullbacks

Long
CFDs on WTI Crude Oil (TVC:USOIL)  
VladimirRibakov  
TVC:USOIL   CFDs on WTI Crude Oil
Trend Analysis Fibonacci Multiple Time Frame Analysis Oil WTI Crude Oil higherhighs doublewavecorrection keysupportzone bullishhiddendivergence pullbacks
8
2
trendanalysis fibonacci mtfa oil wti crudeoil higherhighs doublewavecorrection keysupportzone bullishhiddendivergence pullbacks
W1 - Higher highs followed by a correction in the form of double wave down.

Price has reached a key support zone.

Bullish hidden divergence.

H4 - Bullish divergence

Higher highs

Until the key support zone holds I expect the price to move higher further after pullbacks.
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.