Change of character to be down trend ? No!!
I don't think WTI oil price become down trend in war situation
on 4H chart price is on demand zone
AB=CD bullish pattern is used in this trading entry
Maybe this is another loss because I don't wait for reversal candle to confirm
If price cannot stand in this area it will change of character to be down trend
but I think in this kind of situation WTI not likely to become down trend
RR 5 is very decent and passible for this trade
on 4H chart price is on demand zone
AB=CD bullish pattern is used in this trading entry
Maybe this is another loss because I don't wait for reversal candle to confirm
If price cannot stand in this area it will change of character to be down trend
but I think in this kind of situation WTI not likely to become down trend
RR 5 is very decent and passible for this trade