Weekly Price Action Setups & Trade Ideas | Oct 13-18

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Chris Capre’s current live open price action & ichimoku trades: AUDNZD, CORN, WTI, USDMXN

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WTI Oil – Bounces Off Key Support, Bullish While Above (daily chart)

Price Action Context

After selling off for most of September, WTI Oil has bounced solidly off the key support zone between 53.25 and 50.50. I’m bullish while above this on a weekly closing basis and looking to get long on a weak pullback into support.

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