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!
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.