ivanov.v.vlad

WTI/Crude OIL 17-NOV Wyckoff + EW - H1 Long scalp entries

Long
FX:USOIL   CFDs on Crude Oil (WTI)
Updated chart as per Wyckoff stages and r&s lines on TF H1. Wyckoff recommends entering at the lowest point of the BU/LPS stage in this case or post the resistance level of 57,3x. I am a tad biased on the long side due to the levels that we've approach and the situation with SA that could enable an so neglected technical retracement (plus an opportunity for the institutional traders to refresh their positions( of this corrective down move in spite of the unfavorable for the bull EIA reports. GL! Sunday we'll see the first signs of the impending week and we'll be able to chart based on clearer picture. Bigly.
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