CRUDE OIL (WTI) Your Trading Plan For Next Week 🛢

Long

CFDs on WTI Crude Oil (TVC:USOIL)

Updated

TVC:USOIL CFDs on WTI Crude Oil

flagpattern parallelchannel elliottwaves usoil crudeoil ukoil cl1! wti futures commodities

WTI Crude Oil is approaching a resistance line of a falling parallel channel on a daily.
To catch a trend following move, wait for a bullish breakout of its resistance.
You need an hourly candle close above that to confirm the breakout.

A bullish continuation to 103.8 level will be expected then.

Good luck!

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