US OIL (WTI/USD) – Week 37 – Will the trendline hold?

Last week, the pair moved corrective without making a decision to the direction that it will head next.
For next week, we expect the orange trendline to hold and push the price towards the support level highlighted on the chart.
Trade with care.

Best regards,
Financial Flagship

Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.