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VasilyTrader

WTI Respected Daily Support. Now Going Up!

Long
CFD Petrolio WTI (TVC:USOIL)  
VasilyTrader  
TVC:USOIL   CFD Petrolio WTI
Trend Analysis Wave Analysis Chart Patterns Oil crude WTI Commodities futures options trading Technical Analysis westtexasoil
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trendanalysis waveanalysis chartpattern oil crude wti commodities futures options trading technicalanalysis westtexasoil
snapshot

WTI has clearly respected a key structure support level on a daily.
we see a sequence of rejection/dodji/engulfing candles and rsi divergence as well.

I have a bullish bias on WTI and currently hold a long position.

My stop is 50 level but I have entered a few days earlier.

Key levels for targets:
56.0
58.0
60.0

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