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Tradingenergy

USDWTI H4 - Long SetupUSDWTI H4 We have pushed 2R on this setup from that solid daily push yesterday all throughout the day, very clear and consistent, minimal drawdown and minimal pullbacks. However, we are still cautious of this H4 bear trend which has been marked. A slight pullback to the zone indicated would be healthy, for a second bullish attempt to set a new higher high.
FX_IDC:USDWTILong
by Trade_Simple_FX
USDWTI H4 - Long SetupUSDWTI H4 More major corrections are being seen now, as we pinned into that yearly high price of 76.60/barrel. Minor break and retest play was being seen as we trading amongst our interim zones. However, a healthy correction to see us pullback between our 50/618 fib support would tie in nicely with previous S/R and could set us up nicely for a long position with the potential to break resistance and eventually set these new highs.
FX_IDC:USDWTILong
by Trade_Simple_FX

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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