Oil - Crude (WTI)
Long
Updated

Crude Oil. Winter is

234
White Swan Harmonic Pattern Observed.


Support & Resistance (8H to 1W)
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Falling wedge (Contracting) observed on 8H.
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Bearish Ranging Channel (This can give us the perfect entry) on 8H
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MACD divergence on Weekly Chart
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RSI 47 on Weekly Chart
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EMA 20 crossing over MA200
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Last cross was observed on 6 Jan 2022
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Looking forward...

The above is an Educational idea only and not any kind of financial or investment advice. So please do your own DD (Due Diligence) before any kind of investment.

Do leave your valuable feedback & comments for any improvisations.


Note
Morning Star observed on Weekly Chart
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Note
TP & SL on Fibonacci ratios
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Note
Elliot Wave 5 in making on weekly chart
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Note
MACD divergence on weekly chart
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Note
Long resistance turned support on 1D
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Note
Doji candle spotted on 1D chart
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Note
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Note
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Note
Falling wedge on 1D
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