Hey guys!
Trading should be simple, when you over complicate things you are usually way to attached mentally/emotionally to a setup/trade.
Here's WTI.... OPEC coming up again tomorrow with the first meeting being a solid "nothing", and that "nothing" helped us form a pullback, but that pullback resulted into a lower high... meaning this is now a solid bearish setup.
We are short on WTI and you can see why,
- bearish wedge
- Lower high on RSI
- Lower price action high
- Double top rejection
Good luck trading!
Trading should be simple, when you over complicate things you are usually way to attached mentally/emotionally to a setup/trade.
Here's WTI.... OPEC coming up again tomorrow with the first meeting being a solid "nothing", and that "nothing" helped us form a pullback, but that pullback resulted into a lower high... meaning this is now a solid bearish setup.
We are short on WTI and you can see why,
- bearish wedge
- Lower high on RSI
- Lower price action high
- Double top rejection
Good luck trading!
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.