WTI Crude Oil entered today the 6 month Resistance Zone of July 2024.
Even though the long term trend seems to have turned bullish by breaking critical levels, a short term pull back is possible on this Resistance.
Trading Plan:
1. Sell on the current market price.
Targets:
1. 74.50 (the 0.382 Fibonacci level).
Tips:
1. The RSI (4h) is overbought, justifying a short term pull back.
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Even though the long term trend seems to have turned bullish by breaking critical levels, a short term pull back is possible on this Resistance.
Trading Plan:
1. Sell on the current market price.
Targets:
1. 74.50 (the 0.382 Fibonacci level).
Tips:
1. The RSI (4h) is overbought, justifying a short term pull back.
Please like, follow and comment!!
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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.