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ASAD_G47

WTI/USD - LONG Trade Call on Daily time -Pole with Bullish Flag

Long
CFDs on WTI Crude Oil (TVC:USOIL)  
ASAD_G47 Updated   
TVC:USOIL   CFDs on WTI Crude Oil
Trend Analysis Chart Patterns Technical Indicators
4
0
trendanalysis chartpattern indicator
On 1D time frame, no Divergence is observed. Therefore, bullish trend should resume from Bullish flag formation breakout. One can estimate the length of breakout by using Pole as reference.
This going to take couple of months. So patience is the key.
My trading values are depicting on Price chart.
Comment:
Since the trend has now gone sideways and has already made a prominent Lower High at 84.40 ; therefore, I'll prefer entering the trade at this lower value of 84.40 instead of 87.60.
Alternatively, I can also draw Fib retracement up to 0.38 value and enter LONG trade from there on.
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