WTI Crude Oil is close to making a 3rd contact on the Falling Resistance, which last time ended in a 4hour MA200 test.
Along with the Rising Support, this pattern resembles December-January, which later broke upwards to a new High.
Until it does, sell and target the 1day MA200 again at 77.50.
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Along with the Rising Support, this pattern resembles December-January, which later broke upwards to a new High.
Until it does, sell and target the 1day MA200 again at 77.50.
Follow us, like the idea and leave a comment below!!
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TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
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.