WTI CRUDE OIL Those are the conditions for a sell.
WTI Crude Oil is trading inside a 7 month Channel Down. The current rise is targeting the 1day MA50 - MA100 Resistance Zone.
When the 1day RSI hits its Resistance Zone, it is a signal to Sell. That has generated 4 solid sell sequences.
The target on those sequences has initially been the Rising Support from the Channel's previous Low.
Target 68.50.
Previous chart:
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When the 1day RSI hits its Resistance Zone, it is a signal to Sell. That has generated 4 solid sell sequences.
The target on those sequences has initially been the Rising Support from the Channel's previous Low.
Target 68.50.
Previous chart:
Follow us, like the idea and leave a comment below!!
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