VasilyTrader

WTI: Bullish Continuation

Long
VasilyTrader Updated   
TVC:USOIL   CFDs on WTI Crude Oil

after a retracement from the resistance line of the channel,
bears are approaching a strong zone of demand. (54.0 - 55.0)


During this month the tendency remains bullish,
for this reason, I believe that we will see a bullish continuation to higher levels of structure.

Target levels are 56.3 & 58.0

stop should be strictly below the identified zone.


Comment:
protect your position setting your stop to breakeven

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