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InvestingScope

WTI Oil: Buy opportunity on multiple bull signals.

Long
CFDs on WTI Crude Oil (TVC:USOIL)  
InvestingScope  
TVC:USOIL   CFDs on WTI Crude Oil
Trend Analysis Chart Patterns Technical Indicators WTI wtioil Oil Crude Oil wticrudeoil Energy Commodities Commodities Crude Oil WTI
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trendanalysis chartpattern indicator wti wtioil oil crudeoil wticrudeoil energy commodities usoil
WTI is currently pulling back despite marginally breaking 60.00 today but so far remains within the bullish bands of two distinct 4H/ 1D Channel Up patterns (RSI = 52.907 and 57.679 respectively). 56.90 - 57.35 is the current Support Zone and last Friday's Golden Cross comes to amplify the bullish bias. We are long aiming at the 63.80 1W Resistance.




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