After changing the trendline for a bullish one, looks like $WTI (Crude Oil) will try a second time to break the 74 resistance from July.
Comment:
This is following our script. We have secured some profits from our long position as it never broke the support. Still expecting it to reach that 74.40 resistance.
Trade closed: target reached:
We consider this as a very great target. Took profits on both sides. Very happy to have shared this one month ago, hope you won as well.
Attention as if we break down again into the channel this may sink oil price back to 50's. A solid break below the blue line is a setting for me.