WTI has come to the TrendLine Support

FX:USOIL   CFDs on Crude Oil (WTI)
2060 7 38
WTI has come to the TrendLine Support
and also the 1.618 EXT of the Prev Leg.

Now Watch closely for the price-action.

RSI obviously Over Sold.
Comment: Very positive Price Action.
Buy the Pull Back
To lean Jack's Full Trading System:
Weechat ID: 32114564
nice work

5min wick that spring the upmove
tntsunrise jangseohee
+1 Reply
jangseohee tntsunrise
Ni hao
log scale allows me to know when is the price extreme to 80% confidence level
still 20% of wrong possbility
I may suggest to use USOIL instead of WTI in your comments because WTI is an automatic link for
W&T Offshore, Inc. is an independent oil and natural gas producer,
Yeah, but a lot of people call USOIL WTI. It is just the lingo that we have to get use to.
The breakout of the trendline would invalidate your outlook ?
tntsunrise EL_KHIBRATTOR
yeah. we better see positive price-action first then decide to long
+1 Reply
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