WTI SHORT
"I am expecting a trend-following trade from the current daily resistance. When you look at the 1-hour chart, there is a double top trading pattern formed. Additionally, there's a trendline that the market consistently touched for buys. Now, both the trendline and the neckline of the double top pattern have broken below, and we will trade on the retest."
Entry 71.81
Stop loss 73.00
Targets 69.92 & 68.16
Entry 71.81
Stop loss 73.00
Targets 69.92 & 68.16
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.