Pattern: Bullish formation based on Fibonacci retracements and extensions. Every Higher Low is on a +0.118 Fibonacci retracement interval. Every Higher High on a -0.118 Fibonacci extension interval.
Signal: Buy near the 0.618 Fib retracement which is also the 4H MA50.
Target: 48.00 (just below the -0.382 Fibonacci extension).
Previous WTI OIL trade:
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Signal: Buy near the 0.618 Fib retracement which is also the 4H MA50.
Target: 48.00 (just below the -0.382 Fibonacci extension).
Previous WTI OIL trade:
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> TradingView
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👑Best Signals (Forex/Crypto+70% accuracy) & Account Management (+20% profit/month on 10k accounts)
💰Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot
🔥New service: next X100 crypto GEMS!
💰Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot
🔥New service: next X100 crypto GEMS!
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.