Search
Products
Community
Markets
News
Brokers
More
IN
Get started
Community
/
Ideas
/
WTI is approaching Christmas with a bullish outlook
CFDs on Crude Oil (WTI)
Long
WTI is approaching Christmas with a bullish outlook
By jvilanova
Follow
Follow
Dec 12, 2019
7
Cheer
Cheer
Dec 12, 2019
Pattern: 1D Channel Up.
Signal: Bullish as the price broke the 58.80 Symmetrical Resistance, which (excluding the Saudi attack on September 16th) has been holding since July.
Target: 61.00 (1st 1W Resistance) and if the Lower High trend line (red bold) of the Descending Triangle breaks, 63.50 (2nd 1W Resistance).
Chart Patterns
Technical Indicators
Trend Analysis
jvilanova
Follow
Follow
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
.