yossarian121

WTI - 15 min - ST - Major support around 80.85. Trendline broken

Long
yossarian121 Updated   
TVC:USOIL   CFDs on WTI Crude Oil
Major support for Crude is around 80.83
The falling trendline which was earlier resistance has been broken but we have been wandering around that. Currently retesting it on the downside. Bias is to the upside
Comment:
Support at 80.83 has flipped into resistance around 82.05
Expecting higher move still basis EW but al said and done crude continues to deliver mixed messages
Trade closed manually:
Closing longs here around 82.8. Major support now around 81.2 and rising
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.