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tcbigcat
Jun 24, 2019 7:21 AM

Trading Journal Crude Oil 2019-06-24 

WTI CRUDE OILTVC

Description

Strong uptrend. Looking to buy off retest of 58.00, or trendline around 57.80.

Comment

Bought off trendline at 57.91. FAST33 confirmed buy.

Comment

Price came down after buy, but respected the trendline and has moved strongly up. Price is showing some resistance at 58.00, however, and is heading back down to trendline.

Comment

Price forming a wedge, has just broken lower trendline. Doesn't want to go above 58.00.
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