CRUDE OIL (WTI) My Plan to Buy (Trend Following)
WTI is retesting strong daily structure support.
Because the trend is globally bullish,
it may give us a perfect spot to buy.
Our confirmation will be a range breakout on 1H.
62.8 is its resistance. I want to see 1H candle close above that first.
Targets will be:
64.2 / 65.8
Remember, while the price is within the range, the indecision remains.
Wait for a breakout first.
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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.