WTI Crude Oil has been declining rather sharply since September 28th and today's green (1d) candle should give way to a new low tomorrow.
Based on the (1d) RSI sequence, this fall resembles the fractals of November 2022 and April-May 2023.
Both rebounded to the 0.5 Fibonacci level after pricing their respective bottoms.
Trading Plan:
1. Sell on the current market price.
2. Buy at 78.15 (MA200 1d and a little over Support 1).
Targets:
1. 78.15 (MA200 1d and a little over Support 1).
2. 86.30 (Fibonacci 0.5 level).
Tips:
1. Both sequences traded sideways after bottoming for around 2 months. This will be an excellent scalping opportunity. Take advantage of it.
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Notes:
Past trading plan:
Based on the (1d) RSI sequence, this fall resembles the fractals of November 2022 and April-May 2023.
Both rebounded to the 0.5 Fibonacci level after pricing their respective bottoms.
Trading Plan:
1. Sell on the current market price.
2. Buy at 78.15 (MA200 1d and a little over Support 1).
Targets:
1. 78.15 (MA200 1d and a little over Support 1).
2. 86.30 (Fibonacci 0.5 level).
Tips:
1. Both sequences traded sideways after bottoming for around 2 months. This will be an excellent scalping opportunity. Take advantage of it.
Please like, follow and comment!!
Notes:
Past trading plan:
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Join our private Telegram signals channel, with +70% accuracy for forex and crypto! 🎉
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.