WTI Buy Signal

The price is going to break and stay above 50.00 resistance level. RSI confirms price reversal from the uptrend line. MACD histogtam supports upward movement. DMI allows open long trades. Pending orders for buy should be placed at 50.50 level. Stop orders must be below 49.00 level. Profit target is 52.00 resistance level.
CommoditiesTechnical IndicatorsOilSupport and ResistanceTrend AnalysisWTI

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