WTI Crude Oil closed yesterday under the 1day MA50 and inside this long term Triangle pattern, turned bearish, aiming at its bottom.
The RSI's Rectangle shows where to take profit (on its bottom), with our projection giving a 74.50 Target.
That is over the 0.786 Fibonacci and the botom zone of the Triangle.
Follow us, like the idea and leave a comment below!!
The RSI's Rectangle shows where to take profit (on its bottom), with our projection giving a 74.50 Target.
That is over the 0.786 Fibonacci and the botom zone of the Triangle.
Follow us, like the idea and leave a comment below!!
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TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
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.