CFDs on WTI Crude Oil
Long

Oil Short Term Buy Idea

198
H4 - Price is bouncing higher from a key support zone.

Bullish divergence.

H1 - Bullish divergence.

If we get a valid breakout above the high at 98.80 we may then expect the price to move higher further in the short term.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.