WTI short idea
Hugely bearish movement has been happening recently and we can see that the weekly & daily are bearish while the monthly and 4hour are bullish.
We are definitely favoring the bears in this scenario. We will look to capitalize on a bearish continuation once we see a confirmed retest of a key prz level & resistance.
Looking to target lower toward our weekly support around 47.50
Hugely bearish movement has been happening recently and we can see that the weekly & daily are bearish while the monthly and 4hour are bullish.
We are definitely favoring the bears in this scenario. We will look to capitalize on a bearish continuation once we see a confirmed retest of a key prz level & resistance.
Looking to target lower toward our weekly support around 47.50
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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.