UnknownUnicorn5176330

WtiOil from Support Level at 60.05

Long
TVC:USOIL   CFDs on WTI Crude Oil
30/12/2019 WtiOil Rate from Support Level at 60.05
Is considered at h4 Bar Uptrend
Resistance Level is set at 65.40
Uptrend Mode.
Comment:
31/12/2019 Early Morning - WtiOil New Support Level at 61.18
Before A Return to Higher Pricing
Uptrend Target 65.40
Trade active:
7/01/2019 WtiOil Rate - Target Reached at New Term High 64.66 -
Estimate was given at 65.40.
Current Spot Price 62.84
Resistance Level 63.24
Nearest Support Level low is set at 56.93 & 56.17
Downtrend Mode.
Comment:
Important Notes : Can you see how trading ideas or trading to rules - Come`s into play as the charts extend more and more relevant data which is needed in order -
So we can qualify the charted picture to outcome
Or drawing in the bigger picture then ? So much more quickly & clearly whilst the trends are establishing themselves.
Trade active:
08/01/2020 WtiOil Rate - As you all can see - US Oil - Added New High to 65.40 Advised Target High.
Advised Trend still in Progress Low -
Nearest Support Level & Targets low is set at 56.93 & 56.17
Downtrend Mode.
Trade active:
Early Evening 08/01/2020 Wtioil Possible Support Level exists at 58.58 -
An Attempt to Swing High or Return High is set 61.82
Then down again to
56.93
As final leg within the down-trend stage.
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.