CRUDE OIL (WTI) Preparing for SHORT! Trading Plan
Updated
hey guys,
WTI is retesting a key daily structure resistance.
the price has just been rejected on 1H and formed a double top formation.
to short I will be waiting for a breakout of the underlined yellow structure support (1H candle close below).
target levels will be 33.0 / 31.6
stop will be placed above the tops!
the price may coil for a while within the range of minor yellow support and resistance.
h&s may be formed as well.
be patient and don't rush!
being broken to the upside, setup will be invalid
Trade closed: target reached
T1 reachedTrade closed: target reached
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