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herkiertb

Oil in Channel

Long
CFDs on WTI Crude Oil (TVC:USOIL)  
herkiertb Updated   
TVC:USOIL   CFDs on WTI Crude Oil
Trend Analysis usoillong
4
0
trendanalysis usoillong
Seems like Oil is keeping in the channel.

Will wait for rejection of the bottom and then continuation upward before I enter a long to the top of the channel.

This is a quick analysis and will have a more in-depth look later.

Please share with me your Ideas.

Keep in mind that a break and close of the 200EMA will also be in place.

Thanks
Comment:
No break and close of the 200EMA. Got rejected and we are going up again.
TP at 43
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