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CFDs on WTI Crude Oil
Long

USOIL Potential Bullish Movement

218
USOIL Potential Bullish Movement

we are waiting for a momentum candle close above 25.30 to buy this one

Reason:
1- Regular Bullish Divergence on MACD (in red)
2- Objective Channel (in blue)
3- Support Round Number 20.0 from Daily (in purple)

Three confluences are enough to consider Buying USOIL, after a break below 25.30 (in gray)

** unless price breaks below our lower orange trendline and blue dots, then a downward movement would be expected before going up
TheSignalyst
Trade Made Simple
RichTL.com

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Also on:
Beyond Technical AnalysisbreakoutChart PatternscontinuationDivergenceOilParallel ChannelreversalpatternsupportTrend AnalysisCrude Oil WTI

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.
Beyond Technical AnalysisbreakoutChart PatternscontinuationDivergenceOilParallel ChannelreversalpatternsupportTrend AnalysisCrude Oil WTI
TheSignalyst
Trade Made Simple
RichTL.com

Instagram:
instagram.com/richthesignalyst

Telegram
t.me/thesignalyst

Best CFD broker - Tickmill
cutt.ly/TickmillReal

Kucoin Exchange
kucoin.com/r/af/signalyst
Also on:

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.