5 May 2020 swift evaluation of WTI
A swift evaluation is conducted based on a single day without look back.
WTI is currently in a bull trend.
Prices are trading in a range of approximately 4.72 points/ticks/pips per trade period.
Price strength is suggesting a possible follow on range of 27.11 - 31.83.
If strength and trend continue, WTI is trying to reach 29.20.
Suggested stops in a Bullish environment.
Last Price - (ATR * 1.5): 20.03
The trend moving average: 19.78
WTI is currently in a bull trend.
Prices are trading in a range of approximately 4.72 points/ticks/pips per trade period.
Price strength is suggesting a possible follow on range of 27.11 - 31.83.
If strength and trend continue, WTI is trying to reach 29.20.
Suggested stops in a Bullish environment.
Last Price - (ATR * 1.5): 20.03
The trend moving average: 19.78