WTI Crude Oil is almost on the Rising Support trend line, following a rejection on Resistance (1). This level previously starting October's strong rally and yet again signals a bullish opportunity.
Trading Plan: 1. Buy on the current market price.
Targets: 1. 77.50 (Resistance 1).
Tips: 1. The RSI (4h) is oversold and has double bottomed. An additional strong bullish signal.
Stop gambling with your trades! 🎰
Start being profitable! 💰
Also on:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.