InvestingScope

WTI Crude Oil: Bullish on the short-term.

NYMEX:CLQ2020   CRUDE OIL FUTURES (AUG 2020)
WTI is trading within a Channel Up on the 4H chart ( RSI = 56.026, MACD = 0.100, ADX = 22.319) having successfully crossed the 4H MA50. This has been typically a bullish extension sign since May 28th. We are bullish aiming at 41.50 - 42.00.



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