WTI/USD | BREAKOUT | LONG
WTI/USD: Technical Outlook
The price action has given a break out after the bullish divergence and printed the first higher high and higher low.
Buyers will remain in control above the neckline support.
Before forming a double bottom, we observed a bullish divergence.
The upside trend remains valid above 74.40
Stop Loss: 74.4
Entry Level: 76.95
Take Profit: 79.51
The price action has given a break out after the bullish divergence and printed the first higher high and higher low.
Buyers will remain in control above the neckline support.
Before forming a double bottom, we observed a bullish divergence.
The upside trend remains valid above 74.40
Stop Loss: 74.4
Entry Level: 76.95
Take Profit: 79.51
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.