Good morning guys !!!
Sorry for the miss, let's take a look at the daily situation.
The wti has reached a critical level for the mid term, and later I will explain why.
Prices are sustained by a well-defined trendline (see the red TL), and the market cycles are very similar, both in terms of duration and price objectives.
So I hypothesized a cycle of 50 bars for the current movement (to be abundant), waiting for clear short entry signals.
1 signal: the cycle is terminating, correction is coming (it has already started)
2 signal: breaking EMA 7 daily. The last closing has stopped above EMA 7, if today's candle will be red, the signal will be confirmed.
3 signal: the structure in H1 has been compromised (look at the chart in the comments).
So my direction for the next days is short. If something changes, I will give you updates.
Good day and good work!!!
Sorry for the miss, let's take a look at the daily situation.
The wti has reached a critical level for the mid term, and later I will explain why.
Prices are sustained by a well-defined trendline (see the red TL), and the market cycles are very similar, both in terms of duration and price objectives.
So I hypothesized a cycle of 50 bars for the current movement (to be abundant), waiting for clear short entry signals.
1 signal: the cycle is terminating, correction is coming (it has already started)
2 signal: breaking EMA 7 daily. The last closing has stopped above EMA 7, if today's candle will be red, the signal will be confirmed.
3 signal: the structure in H1 has been compromised (look at the chart in the comments).
So my direction for the next days is short. If something changes, I will give you updates.
Good day and good work!!!
Nota
Nota
Watch for pullback confirmation and sell againDagangan ditutup secara manual
After 5 dollars, I think it's time to close. Now will probably start the up movement.Good luck guys!!!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.