WTI Crude Oil reached Resistance Zone (1).
Breaking above the Declining Resistance resembles late January.
Limited upside to Resistance Zone (2) based on the past 4 months.
Trading Plan:
1. Sell on the current market price.
Targets:
1. 74.00 (over Support Zone 1).
Tips:
1. The MACD is also inside its 3 month Resistance Zone. The next Bear Cross will confirm the downtrend.
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Notes:
This is an extension of this trading plan:
Breaking above the Declining Resistance resembles late January.
Limited upside to Resistance Zone (2) based on the past 4 months.
Trading Plan:
1. Sell on the current market price.
Targets:
1. 74.00 (over Support Zone 1).
Tips:
1. The MACD is also inside its 3 month Resistance Zone. The next Bear Cross will confirm the downtrend.
Please like, follow and comment!!
Notes:
This is an extension of this trading plan:
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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.
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.