CFDs on WTI Crude Oil
Long
Updated

Oil to retest all time highs C leg of the ABCD patter is support

476
Previous resistances acting as support, which is around Wave 1 of this trend. In addition there was a sell pf from Wave C of the ABCD pattern, price action has retrace back to this level, its also acting as support.
Note
snapshot
Note
scalping oil today, bull flag set up by the AD showing $72 however lower time frames showing weakness, while the 1hr shows strength snapshot
Trade closed manually
No more updates will be provided...
Note
snapshot look for this bullish continuation to proceed to the higher time frames snapshot
Note
snapshot
Note
Oil rally to 82.50 follow by Elliott wave 3 sell off

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.