Get started
ForexTrends

$CL Weekly Channel Top

CFDs on WTI Crude Oil (TVC:USOIL)  
ForexTrends Updated   
TVC:USOIL   CFDs on WTI Crude Oil
Trend Analysis Chart Patterns Wave Analysis
3
4
trendanalysis chartpattern waveanalysis
$CL is approaching the weekly channel top in a monthly downtrend.

Watching for distribution into the highs from longs accumulating on the lows.

Plan. Execute. Next.

Trade Less. Make More.
Comment:
Look left. $76 is in sight.

With the way this beast moves, 72-70 or lower could be reached from a daily perspective.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.