WTI is hovering above linear support on $48.92 (approx), and in this case, the trending support line (the green dotted line) traverses linear support indicating that we should prepare to go long.
Stochastic shows an indication for a preparation of strength in price rise.
Look for an entry reason around linear support of $48.92 approx to buy WTI long term on the daily chart or 4 hour chart.
Enjoy your trading week & best wishes for success.
All comments welcome.
Stochastic shows an indication for a preparation of strength in price rise.
Look for an entry reason around linear support of $48.92 approx to buy WTI long term on the daily chart or 4 hour chart.
Enjoy your trading week & best wishes for success.
All comments welcome.