Uptrend on WTI will continue

By Pieschel
Uppdaterad
I think the uptrend on WTI will go on shortly. As you can see from my chart the big uptrend is intact. Also the horizontal line is a major resistance. This is only the opinion if the writer and should not be seen as investment advice.
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Let's see if WTI comes back into the downtrend. Then it might get to the target where i'd place a buy order. If not, we'll see the ralley continues.
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WTI has gone on for the ralley... seutp not any longer valid...
Trend Analysis
Pieschel

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