WTI, another possible ride, see related idea
Updated
I´m expecting WTI will test 1D 20MA + horizontal resistance and will fall again deeper. If you want to enter, don´t enter automatically on the entry line. Wait for a rejection to enter and TP your trades partially on the green lines. If any of 30M candles closes above SL line, cutloss your trade. Good luck and nice profits to everyones.
Note
Sell now at 81.02 and aim again to 78-79 to TP your trade.Note
It is working exactly according to plan, don´t forget to TP some at the first TP line, 79,7.Note
I think WTI will collapse to 76-77. (Iraq will most likely export their oil trough Turkey terminal)Trade closed: target reached
Final target reached. Congratulation to the traders who have traded this. Enjoy your profits.
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.