WTI Crude Oil hit the MA200 (4h) today for the first time since March 9th.
We got our target hit from buying at the bottom (chart in the end of analysis) and now we are switching to selling as the price is closer to the top of the 3-month Channel Down pattern.
Trading Plan:
1. Sell on the current market price as the price completed a +16% rise, matching the strongest rally so far this year.
Targets:
1. 67.00 (Support 1).
Tips:
1. The RSI (4h) is forming the very same peak pattern as all previous tops since December. Similar to the bottom formation when we started buying.
Please like, follow and comment!!
Notes:
This is a continuation of this trading plan:
We got our target hit from buying at the bottom (chart in the end of analysis) and now we are switching to selling as the price is closer to the top of the 3-month Channel Down pattern.
Trading Plan:
1. Sell on the current market price as the price completed a +16% rise, matching the strongest rally so far this year.
Targets:
1. 67.00 (Support 1).
Tips:
1. The RSI (4h) is forming the very same peak pattern as all previous tops since December. Similar to the bottom formation when we started buying.
Please like, follow and comment!!
Notes:
This is a continuation of this trading plan:
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Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
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.
Join our private Telegram signals channel, with +70% accuracy for forex and crypto! 🎉
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
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.