WTI CRUDE OIL Buy the pull back.

Pembelian

CFD pada Minyak Mentah WTI (TVC:USOIL)

TVC:USOIL CFD pada Minyak Mentah WTI

trendanalysis chartpattern indicator usoil wticrudeoil oil energy commodities

WTI Crude Oil continues to trade inside the Channel Down that started after the September 27th High.
The MA50 (4h) recently supported the price and provided today's rebound.
Based on the prior bullish leg, one last pull back remains in order to test the top of the Channel Down.

Trading Plan:
1. Buy on the MA50 (4h).

Targets:
1. 75.00 (MA200 (4h) and top of the Channel Down).

Tips:
1. The RSI (4h) sequences among the two bullish legs are identical, confirming the bullish sentiment after a pull back.

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Notes:
Past trading plan:

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