UnknownUnicorn393254

CRUDE OIL: Bullish Pin Bar Signal

Long
TVC:USOIL   CFDs on WTI Crude Oil
CRUDE OIL – Futures: Price Moved Higher From Within The Range Of The Long-Tailed Bullish Pin Bar Signal

Price Action: Price formed a Bullish Pin Bar Signal overnight (We are not considering trading this signal).

Price moved higher from the prior Long-Tailed Bullish Pin Bar Signal that had formed late last week (We suggested buying on a retracement lower into the range of this signal in the July 15th daily newsletter and hopefully some traders got on board).

Potential Trade Idea: We are considering buying on a retracement lower to within the range of the prior Long-Tailed Bullish Pin Bar Signal that had formed late last week.
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.