WTI H4 SHORT PRICE ACTION FORECAST -UPDATE-

93
The intraday charts show that price has found support on the golden level, with an intense seller pressure the WTI remains under the bears' domain. If price action can break the current support, it will have a clear path to test back the 34$ handle.

Entry after confirmation of a retest of the broken support would be taken, with the following short trade

The order:
Type: buy-limit
S/L: 118 pips - R:R | 1:2 -
T/P: aiming towards the support level

--
*** If you like the idea, don't be shy, click on like and comment. If you do not agree, just comment ;-) | Thanks for your support!!! ***

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.