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DK_Investment
Jan 27, 2019 4:58 PM

WTI OIL - within uptrend channel Long

Crude Oil (WTI)FXCM

Description

Oil price continues uptrend in relation to bad political situation in Venezuela and possible further oil produce decreases by the OPEC.

Volume and RSI is going down slowly and steady which is an trend continuation indicator.

Expect a small drop to beginning of week down to 52,50 $ from there I will open long position with stop loss under 52 $. Take profit above 55,50 $

Good luck and have a nice week !

Trade closed: stop reached

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