CFDs on Crude Oil (WTI)Updated current situation
Big engulfing candle on Friday, having the daily candle close within old daily positive trend again, a corrective move along positive trendline will confirm the uptrend continuing.
Note
Currently price has built more momentum to go higher and is inside an ascending triangle. We might get an explosive move out of the triangle to above recent highs now next week.
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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.