AndreasMunz
Long

Break out of triangle; if it holds target at 50.50

FX:USOIL   Crude Oil (WTI)
a year ago
In the meantime, resistance levels at previous highs 4725-47.50 49.50 and upper Bollinger bands , 100 day MA (currently at 51, but sloping down).

Target based on breakout of the triangle and triangle width which leads to a target projection of 50.50ish

Buy signals:
+ 9 day and 20 day MA crossed 50 day MA
+ Breakout of triangle

From the news:
+ Hurricane Joaqim
+ EIA: lower production
a year ago
Comment: It did not hold yesterday and we are back in the triangle, hence staying neutral until further notice
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out