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aleex5893

WTI has completed a bearish pennant - Retesting higher levels

Long
CFDs on WTI Crude Oil (TVC:USOIL)  
aleex5893 Updated   
TVC:USOIL   CFDs on WTI Crude Oil
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For the fourth week in a row, last week oil fell.

Technically, WTI has completed a bearish pennant. That pattern is normally followed by an upward correction which, in this case, means it could retest the $30 level.

I recommend you to go bull to 29-30$ levels during this week.

Comment:
Got the ascending channel, hope it helped you guys!
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