VasilyTrader

Crude Oil (WTI) Your Detailed Trading Plan For Next Week ๐Ÿ›ข๏ธ

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TVC:USOIL   CFDs on WTI Crude Oil

Hey traders,

As I predicted, WTI Crude Oil has perfectly respected a major falling trend line and dropped from that.
We already caught 2 very nice winners shorting that.

To catch a bearish continuation, watch 79.15 - 80.90 horizontal neckline of a head and shoulders pattern.
We should wait for 4H candle close below that to confirm the breakout.
Then shorting on a retest, we will expect a bearish continuation to 76.5.

If the price respect a yellow zone and breaks a trend line, the setup will be invalid.

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