4 Reasons to enter long in WTI

FX:USOIL   Crude Oil (WTI)
I am already long in WTI since I do believe that oil             is very cheap meanwhile.
In the chart you will see a nice opportunity to enter long due to several patterns which are confluencing in the psycological relevant level of 40 USD. Keep your eye on a possible long entry on lower time frame.

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Please remind yourself that this is just my personal view on the market and you always should do your own analysis before trading
You were absolutely right, I have closed this week with a brilliant profit...Thank you to share your advice...
Phenlx IRLKori
Hey Kori, thanks man. Like to see people agreeing my ideas and furthermore if the market is confluencing with my set ups. :-)
IRLKori Phenlx
As the price is dropped I'm in long position for the weekend hopefully keep going up monday.
Wow, amazing!!! Another great day, you are still right about it, looks like still goes up for a little while.
Nice, going well! My view was the same:
Oil (WTI): 7 bearish candles!! Harmonics and trendline re-test..
How much chance would you give that is going to re-test 40 dollar level again?
I am in agreement with your assessment. with all the external influence, oil must go up... Also, a very bad thought; the earthquakes near Cushing, Oklahoma could play as a long shot. With a few more, and the EPA may get involved.
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