CRUDE OIL (WTI) : Your Trading Plan For This Week⚠️WTI CRUDE OIL broke a significant daily resistance level last week and closed above it.
Following the breakout, the market retraced to test the broken level before entering a consolidation phase.
I spotted a horizontal trading range on the 4-hour chart.
To consider buying the market, I am waiting for a bullish breakout with a candle closing above the range's resistance, which would provide a strong intraday signal.
If this occurs, I anticipate a bullish continuation towards the next resistance level.