DLavrov
Long

WTI Trading Idea

FX:USOIL   CFDs on Crude Oil (WTI)
210 0 14
Price broke MA20 and moved lower. The possible reversal levels will be between MA50 and MA100, where we will have signals for opening long trades. We'll have to open trades, when RSI and MACD confirm price reversal from this zone. Our buy signal will be more reliable, if ADX starts rising above 20. Stop orders should be place below MA100 and take profit orders near the swing high. If price breaks the reversal zone, we'll see down movement and signals for opening short trades.
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