- April 26, 2021
- Posted by: Tradingshot Articles
- Category: Commodities
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Pattern: Channel Up on 4H.
Signal: Buy as the price rebounded on the Higher Lows trend-line of the Channel and is supported by the 4H MA100 (green trend-line), which has been the Support on the November 2020 – February 2021 uptrend.
Target: 66.00 (just below the 66.40 Resistance).
Tradingview link:
https://www.tradingview.com/chart/USOIL/wzDCbhFJ-WTI-OIL-Buy-Signal