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FUNTRADER-Vera
Feb 2, 2019 9:56 PM

0302 1/8 WTI: on a uptrend channel targeting 60-64 Long

Crude Oil (WTI)FXCM

Description

We were wrong about a short term direction of WTI that made our some trades' bad result.
Now back on this daily chart, a channel is used to anticipate next higher position for WTI beacuse now WTI has stand above last resistance zone without a strong correction. This is a strong bull signal for swing traders.
This is also a breakingthrough too.
Thats 60-64 where FIBO 1.618-2.00 of wave 0-1.

LESS IS MORE!
Comments
flyzonemethod
Thank you for the analysis
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