CFDs on WTI Crude Oil
Updated

WTI Downtrend

185
We have daily downtrend and watching the weekly to turn as downtrend
Note
First, the daily closed achieved our goal which is also supported by the weekly close.
Note
The daily trend remains as downtrend but we need the price to return below the confirmation level (68.145) in order the downtrend continue. Keep closing above this level is risk.
Note
It has rejected to change to an uptrend. We are waiting the price to move and close in daily time frame below 68.145
Note
We still out
Note
Although there is a talk of progressing toward 85, we prefer to stay aside and sell with the confirmation.
Note
We are still with the same previous position.
Note
It has confirmed the downtrend...Now those are our targets,we will take it step by step..If it returned as an uptrend, targets are 92 &94
Note
We need more to close in this level or lower to achieve all targets.

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