WTI Crude Oil is breaching at the moment the Rising Support of the last 3 months.
The (1d) candle closing will determine in our opinion the short term direction, as on this level the momentum is neutral, with a Falling Resistance above and numerous Support levels to target if broken.
Trading Plan:
1. Buy if the (1d) candle closes over the Rising Support.
2. Sell if it closes under it and breaches Support (1).
Targets:
1. 87.50 (Falling Resistance).
2. 79.00 (a little over the MA200 (1d)).
Tips:
1. The sentiment could be a little more favorable to selling at the moment as the MACD (1d) just made a rare shift, invalidating the bullish build up as it switched from a Bullish Cross immediately to a Bearish Cross.
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Notes:
Past trading plan:
The (1d) candle closing will determine in our opinion the short term direction, as on this level the momentum is neutral, with a Falling Resistance above and numerous Support levels to target if broken.
Trading Plan:
1. Buy if the (1d) candle closes over the Rising Support.
2. Sell if it closes under it and breaches Support (1).
Targets:
1. 87.50 (Falling Resistance).
2. 79.00 (a little over the MA200 (1d)).
Tips:
1. The sentiment could be a little more favorable to selling at the moment as the MACD (1d) just made a rare shift, invalidating the bullish build up as it switched from a Bullish Cross immediately to a Bearish Cross.
Please like, follow and comment!!
Notes:
Past trading plan:
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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.
Join our private Telegram signals channel, with +70% accuracy for forex and crypto! 🎉
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
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.