Short

WTI CRUDE OIL Very strong sell signal on top of the Channel Down

WTI Crude Oil has hit the top of the 11 month Channel Down.
Along with that, it reached the MA50 (1w) for the first time in also 11 months (since August 30th 2022).
This is the strongest sell signal the November 7th 2022 Lower High.

Trading Plan:
1. Sell on the current market price.

Targets:
1. 66.80 (Support 1).

Tips:
1. The RSI (1d) is getting rejected on a Double Top formation near the overbought level. If it crosses under the MA trendline, it validates the sell signal.

Please like, follow and comment!!

Notes:
Past trading plan:

TradingBrokersView

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 on:

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.

TradingBrokersView

Also on: