CFDs on Crude Oil (WTI)

Long

CRUDE OIL (WTI) Important Structure Breakout

By VasilyTrader

snapshot

New higher high higher close on WTI on a daily.
Now, 41.0 broken resistance turns to support, and from that bullish continuation is expected.

After a massive buying wave during the last two days, the market is relatively overbought and we may see a pullback first.
I would recommend buying strictly after a pullback.

Next goal for buyers is 43.25 (major daily resistance)

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