WTI Crude Oil has hit the top of the 11 month Channel Down.
Along with that, it reached the MA50 (1w) for the first time in also 11 months (since August 30th 2022).
This is the strongest sell signal the November 7th 2022 Lower High.
Trading Plan:
1. Sell on the current market price.
Targets:
1. 66.80 (Support 1).
Tips:
1. The RSI (1d) is getting rejected on a Double Top formation near the overbought level. If it crosses under the MA trendline, it validates the sell signal.
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Notes:
Past trading plan:
Along with that, it reached the MA50 (1w) for the first time in also 11 months (since August 30th 2022).
This is the strongest sell signal the November 7th 2022 Lower High.
Trading Plan:
1. Sell on the current market price.
Targets:
1. 66.80 (Support 1).
Tips:
1. The RSI (1d) is getting rejected on a Double Top formation near the overbought level. If it crosses under the MA trendline, it validates the sell signal.
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.