Hi Traders, on April 17th I shared this idea "Oil - Looking To Sell Pullbacks In The Short Term"
https://www.tradingview.com/chart/WTI/5b5Gq7VI-Oil-Looking-To-Sell-Pullbacks-In-The-Short-Term/
I expected to see bearish continuation until the two Fibonacci resistance zones hold. You can read the full post using the link above.
Price moved lower as per the plan here!!!
Price respected the first Fibonacci resistance zone, created a false break of it and moved lower as expected!!!
If you enjoy this idea, don’t forget to LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍! Drop your thoughts and charts below to keep the discussion going. Your support helps keep this content free and reach more people! 🚀
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
https://www.tradingview.com/chart/WTI/5b5Gq7VI-Oil-Looking-To-Sell-Pullbacks-In-The-Short-Term/
I expected to see bearish continuation until the two Fibonacci resistance zones hold. You can read the full post using the link above.
Price moved lower as per the plan here!!!
Price respected the first Fibonacci resistance zone, created a false break of it and moved lower as expected!!!
If you enjoy this idea, don’t forget to LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍! Drop your thoughts and charts below to keep the discussion going. Your support helps keep this content free and reach more people! 🚀
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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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.
Related publications
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.