Daniel.B
Long

Short Term Price Action

TVC:USOIL   WTI Crude Oil
121 0 6
Hey Traders,

I'm still holding bullish oil             positions through the week until we reach the previous highs.

Just an update on price action.
- Price broke decisively gaping up above 46.23 resistance.
- I expect a retracement to 46.23 horizontal support which is also 50 EMA support.
- Once price retraces to the above mentioned levels I would expect a bounce and trend continuation to test the
$51 highs.

Trade Thoughts:
- Depending on the price action at 46.23 support I might compound the position (add more to my LONG pos             .).

Happy Trading,
Cheers
=)
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out