CFDs on WTI Crude Oil
Long

CRUDE OIL (WTI): Confirmed Bullish Reversal

342
snapshot

WTI Crude Oil looks bullish from both daily/intraday perspectives.

On a daily time frame, I see a confirmed breakout of a resistance line
of a wide horizontal parallel channel and a trend violation and reversal.

On a 4H time frame, I see a retest of a recently broken resistance of the channel
with a consequent strong bullish movement and change of character CHoCH.

I believe that the market will continue growing.

Next resistance - 77.0

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