JayStieren

Oil about to get bullish long term

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TVC:USOIL   WTI 原油差價合約
WTI is hovering above linear support on $48.92 (approx), and in this case, the trending support line (the green dotted line) traverses linear support indicating that we should prepare to go long.

Stochastic shows an indication for a preparation of strength in price rise.

Look for an entry reason around linear support of $48.92 approx to buy WTI long term on the daily chart or 4 hour chart.

Enjoy your trading week & best wishes for success.
All comments welcome.

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