WTI Crude Oil (A Life Less Ordinary)
Updated
View On WTI Oil (26 Feb 2021)
WTI is in the crazy onslaught recently and it is obviously in the proper UP trend.
But it may worth to wait to get in, even if you want to get on the long side. Patience pays.
I am expecting we may see a healthy pullback soon.
60.8 will be the first support while 58 will be the second.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
WTI is in the crazy onslaught recently and it is obviously in the proper UP trend.
But it may worth to wait to get in, even if you want to get on the long side. Patience pays.
I am expecting we may see a healthy pullback soon.
60.8 will be the first support while 58 will be the second.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Note
Updated View On WTI Oil (3 Mar 2021)Follow Our Analysis on the last 26 Feb? Nice sell-down we had.
As expected. it touched 60.8 support. Now it is "near" at the swing support level and it shall go sideway swing first.
So, I am Neutral or Slight Bearish now.
If the bear momentum kicks in again, the next swing support will be near 58.5 region.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!
Note
Updated View On WTI Oil (16 Mar 2021)It hit our prev take profit region of $60~$64.
The major trend is still UP but $66, has become an immediate resistant.
It may swing to $64.1 region first.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Note
Updated View On WTI Oil (09 Mar 2021)Oil pullback is back in the business and now it is trying to break the decent support of $60 region.
So, that $60 region is a strong support for now.
it may go into ranging but once that $60 is broken strongly, it shall travel back to $57 first then $54~56region.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!
Note
Update on WTI Crude Oil (24 Mar 2021)Follow our trade analysis on 8 Mar?
Congrats. Massive profit.
Now it has hit our TP region of $57.
It may go side way for now but overall it is down trend now.
As long as $62 region hold, it shall go lower. $54 shall be the next.
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