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WTI OIL Rebound on the 1D MA50
CFDs on WTI Crude Oil
Long
WTI OIL Rebound on the 1D MA50
By TradingShot
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Mar 22, 2021
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Mar 22, 2021
Pattern: Fibonacci Channel on 4H.
Signal: Buy as the price hit the 1D MA50 (green dotted line) and rebounded while the 4H MACD made a Bullish Cross.
Target: 69.00 (the 2.0 Fib extension) and 72.00 (the 2.5 Fib extension).
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