FUNTRADER-Vera

7.31 WTI is still on its uptrend

Long
TVC:USOIL   CFDs on WTI Crude Oil
Traders,

On monthly chart, you could only see a ascending trend on WTI without a strong pull-down.

On daily chart, WTI seems found its support on the right red line. We had a short trade last week with 100 profit from 69.5 to 68.5.

Actually the lowest position is 68.22 last week. Now better wait for a new long trade signal to join the buyer club , becoz the possibility for has a minimum of 400 pips.

Less is more!
Comment:
WTI did not go that high.
And start dropping after hitting 70 .60

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