WTI bullish continuation and bearish trend violation

31 Jan 2019

hey traders,

from October 2018 we considered the market to be in a bearish trend,
and now, as the market violated 54.2 level, we finally can declare a bearish trend violation.



On the daily timeframe it is even more straight forward.


so now we have a bullish bias and can buy a test of the broken structure.

58.0 is the next significant level.

good luck!

31 Jan 2019

Nota

this is the zone where we are looking for entry