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bm_fx1
Nov 26, 2020 3:19 PM

Crude Oil analysis for a buy. Long

WTI CRUDE OILTVC

Description

As shown on the chart, candlesticks patterns confirm on a 'daily' timeframe how Crude Oil is a buy.
We can see that the respected level has finally being broken and with a continuous bullish candlestick.
Patience will be needed at this point as the market tends to retrace to test that exact price level where it broke our resistance level to turn it into a support level before continuing its trend in an upward manner.

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Comments
Spacecowboy111
So is this a buy now or wait for retrace? Thanks
bm_fx1
@Spacecowboy111 i would wait for retracement 📊
bm_fx1
I would wait for retracement 📊
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