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USOIL(WTI)-USD✦ LONG TRADE SETUP✦POSSIBLE REVERSAL✦ ONE HOUR

Long
CFDs on WTI Crude Oil (TVC:USOIL)  
haroonsiddiki  
TVC:USOIL   CFDs on WTI Crude Oil
Wedge usoillong reversalpattern Falling Wedge tradingideas tradingsignals wticrude signals
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wedgepattern usoillong reversalpattern fallingwedge tradingideas tradingsignals wticrude signals
USOIL was moving in a Bearish Direction however there is a possibility of the reversal of the trend. This can be evident with the formation of Falling Wedge Reversal Pattern as well as presence of the Bullish Divergence in the chart at one hour time frame. Therefore, to grab a trading opportunity, Long Trade setup is presented in this analysis with the projected price given as dashed line in the chart.
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