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JancyJS

WTI Hit Main Support - Either Way, There Will Be A Rally

Long
CFDs on Crude Oil (WTI) (FX:USOIL)  
JancyJS  
FX:USOIL   CFDs on Crude Oil (WTI)
Trend Analysis WTI Crude Oil Crude Oil WTI
3
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trendanalysis wti crudeoil usoil
WTI Hit Main Support Zone, This Support Level Trace Back To January Congestion Zone

Last Down Leg Is Divergent

The Down Trend Will Stall For A While

Either Rally To Swing High And Down Channel Line Converged Resistance Zone, Pullback, And Then Rally

Or Pullback Then Break The Support Zone

Either Way The Rally Is Very Likely, Long WTI, At Least For The Near Future
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