VasilyTrader

CRUDE OIL (WTI) Bullish Outlook For Next Week Explained 🛢️

Long
VasilyTrader Aggiornato   
TVC:USOIL   CFD Petrolio WTI

WTI Crude Oil formed a double bottom formation after a test
of a solid rising trend line on a daily.

Its neckline was broken this week.

The broken neckline and a trend line compose a contracting demand zone now.
A bullish continuation will be expected to 93.7 level from that.

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Commento:
The market respected a trend line
is it the time to grow now?

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