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WTI OIL We will buy after a CPI pull back

Long
CFDs on WTI Crude Oil (TVC:USOIL)  
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TVC:USOIL   CFDs on WTI Crude Oil
Trend Analysis Chart Patterns Technical Indicators Oil wtioil WTI Crude Oil Energy Commodities Commodities
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trendanalysis chartpattern indicator oil wtioil wti crudeoil energy commodities
WTI Oil crossed over the Falling Resistance today and is establishing the price action over the MA50 (4h).
On the previous bullish leg to Resistance (1), the price had one last pull back before extending the rise.

Trading Plan:
1. Buy when the RSI (4h) gets 40.00 again.

Targets:
1. 76.00 (the MA50 (4h)).

Tips:
1. The ultimate long term Resistance is the MA200 (1d), which last time rejected Oil at 83.50. Right now is at 81.00 and declining.

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Notes:
Past trading plan:

WTI CRUDE OIL Held on the MA50 (1d).
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