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WTI Oil: Sell and Buy entries within the Channel Up.

CFDs di Minyak Mentah WTI (TVC:USOIL)  
InvestingScope  
TVC:USOIL   CFDs di Minyak Mentah WTI
Trend Analysis Chart Patterns Technical Indicators wticrudeoil Oil wtioil Crude Oil wticrude crude Crude Oil WTI Energy Commodities Commodities
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trendanalysis chartpattern indicator wticrudeoil oil wtioil crudeoil wticrude crude usoil energy commodities
Oil hit our last buy target (57.30) and the 1D Channel Up (RSI = 58.982, MACD = 0.300, Highs/Lows = 1.1300) is near its Higher High trend line. As mentioned since October 16th, the Higher Highs of the Channel are symmetrical with the Lower Lows of September's downtrend (see that idea below):

WTI Crude Oil: Buy opportunity within a Channel Up.

We are expecting a similar price action with a rebound near the 4H MA200 (55.00). Our long Target is 58.50.





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