CFDs on WTI Crude Oil
Long

WTI OIL: Trend changing to bullish.

1 037
WTI Oil pulled back as we expected on our previous trade and filled the 0.618 Fibonacci level.
Consistent with the March 24th 0.618 Fib fill (and the RSI on a harmonic buy level), a rebound now is heavily favored as the Falling Resistance from the prior market top, has already broken.

Trading Plan:
1. Buy on the current market price.

Targets:
1. 76.00 (MA200 4h).

Tips:
1. RSI (4h) crossed above the MA, as it did on March 27th on the previous market rally. This is an additional strong buy signal.

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Notes:
Past trading plan:

WTI OIL We will buy after a CPI pull back

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