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.
Important: :-)
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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
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.
Important: :-)
If you like my analysis and find it useful, please take a second and hit the LIKE button and follow me. It takes some time to create these posts and your LIKES let me know it is helpful to you. As always, any comments are welcome. Agree or disagree.
Please remind yourself that this is just my personal view on the market and you always should do your own analysis before trading