Get started
VasilyTrader

WTI (USOIL) May Retrace Soon!!!

Short
CFDs on Crude Oil (WTI) (FX:USOIL)  
VasilyTrader  
FX:USOIL   CFDs on Crude Oil (WTI)
Trend Analysis Chart Patterns Wave Analysis Crude Oil WTI WTI Crude Oil Crude Oil Futures WTI (CL1!) futures options brent
56
6
trendanalysis chartpattern waveanalysis usoil wti crudeoil cl1! futures options brent
snapshot

WTI Oil is steadily going up.

for two weeks we haven't seen a retracement and I am becoming more and more skeptical about further growth.

Pay attention to 61.0 level.
It is the first strong resistance level in front of bulls,
I believe that there is a high chance to see a retracement from it to the support of the channel.

as always, we wait for a confirmation signal on a lower timeframe before taking action!

patience pays guys :)
✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel www.youtube.com/c/VasilyTrader

💰Instagram: www.instagram.com/VasilyTrader/ 💰

✅Facebook: www.facebook.com/VasilyTrading/ ✅
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.