Oh_If_Only

WTI Long - Buy next week's dip at $US59

Long
NYMEX:CL1!   Light Crude Oil Futures
WTI Dec29
Quite a bullish looking chart!
Expecting the previous Highs of $US61.40 to be tested, before we see any decent correction.
Then a retest of support at $US57.40 or lower at $US 54.20
Current strength is a monthly/weekly/daily Swing High breakout, coupled with a weakening $US
Buy the dips - next one should be next week around $US59.00

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.