5th wave CRUDEOIL

TVC:USOIL   CFDs on WTI Crude Oil
164 0
A good buy opportunity to 53 for oil traders.
Comment: Hourly chart. Bullish trend after clear RSI divergence.

Comment: Price retraced under thin line. Watch for breakout of the indicated level
Comment: Potential alternative view if price rebound on green colored level
Comment: Alternative view confirmed.
TP level @48.5
Comment: Oil still moving inside this bullish green channel. I'm waiting a retracement around 52 before taking short position

Order cancelled: Pattern invalidated. Changed my view :)
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