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WTI rising channel

CFDs on WTI Crude Oil (TVC:USOIL)  
Antonio_trader  
TVC:USOIL   CFDs on WTI Crude Oil
Trend Analysis Chart Patterns Parallel Channel WTI Crude Oil WTI crude Crude Oil
7
2
trendanalysis chartpattern parallelchannel wti usoil crude crudeoil
A rising channel indicative of a continuation pattern. A break lower to test the 200SMA with pullback and continuation lower.
If the channel breaks to the upside then oil may go higher, though world news are not good regarding oil demand as number of virus cases spike again.

Please support the idea and share your thoughts on WTI!

Good Luck and Stay Healthy!
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