WTI looks set to complete an ABC correction after a potential Wave 1.
If price closes above Wave B (black line), the ABC correction should be complete. From there, we could see an impulsive move toward a new high.
TP1: 104
TP2: 122
SL: 74
Geopolitical risk around the Strait of Hormuz could further amplify volatility and momentum if this technical breakout confirms. The tension in the Strait of Hormuz has increased and this adds another layer of support to this technical setup.
If price closes above Wave B (black line), the ABC correction should be complete. From there, we could see an impulsive move toward a new high.
TP1: 104
TP2: 122
SL: 74
Geopolitical risk around the Strait of Hormuz could further amplify volatility and momentum if this technical breakout confirms. The tension in the Strait of Hormuz has increased and this adds another layer of support to this technical setup.
注释
The trade is active and currently showing a small profit. If WTI closes below $87, this would not be typical of an impulsive trend and could signal further weakness. In that scenario, the market may make another correction toward $79.交易结束：到达目标
First target reached.Probably 3 to 5 days correction toward $97 and then go higher to second target...
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免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。