WTI Crude Oil is rebounding on the Rising Support, internally inside the Channel Down pattern.
The 1day RSI remains under 50.00, so there is still time to buy this bullish wave to the top of the Channel Down.
Target the 1day MA100 at 76.00.
Open 1st Sell there and 2nd (if required) on the 1day MA200 (which formed the previous top) at 79.50. Target on both Support A at 64.50.
Additional indicator to sell, when the 1day RSI hits 60.00.
Previous chart:
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The 1day RSI remains under 50.00, so there is still time to buy this bullish wave to the top of the Channel Down.
Target the 1day MA100 at 76.00.
Open 1st Sell there and 2nd (if required) on the 1day MA200 (which formed the previous top) at 79.50. Target on both Support A at 64.50.
Additional indicator to sell, when the 1day RSI hits 60.00.
Previous chart:
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.