As was planning a short trade on WTI - but after last nights breakout, I am going long.
Looking at the past - this setup is pretty similar to that in March.
But - be carefull traders. A lot of things can happen during this and the next days. OPEC agreement are still fresh - but will it last during ...
I was short for some days ago - but the short correction was "shorter" than expected and it seems like the WTI will go long now.
We have just seen the cross on MACD daily chart - I have entered the long trade