CFDs on WTI Crude Oil
Short
Updated

OIL consolidation zone trading

158
easy idea for tomorrow market open
we got strong resistances on the way that showed themself by measured descending move.
break of 46.5 would move price fast to 47.5- 48.x $ per barre

according to weekly we are still moving to make right shoukder in IH&S pattern.
Trade active
lets see how price react at 43.3 trendline
Trade closed manually
nice profit enough here - possible huge reversal or moving downward more

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.