WTI Oil - 240 - Let's wait and see
Updated
Quick idea.
Although, last week, we had a nice rebound from the medium-term upside support line, For now we will stay put and wait for a clear break. We need to see a push through one of the highlighted areas first, before examining a further directional move.
Please see the chart for details.
Don't forget your stop-loss.
Although, last week, we had a nice rebound from the medium-term upside support line, For now we will stay put and wait for a clear break. We need to see a push through one of the highlighted areas first, before examining a further directional move.
Please see the chart for details.
Don't forget your stop-loss.
Note
Please join our daily live quick technical market overview webinars - Trader’s Espresso and Trader’s Tea Time - on JFD Bank YouTube and Facebook pages.Trader’s Espresso – 07:00 GMT
Trader’s Tea Time – 14:15 GMT
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.