Hi traders and investors!
This analysis is based on the Initiative Analysis concept (IA).
The sellers have reached the targets mentioned in the previous review (65.628 and 64.378).
What to expect next.
Daily timeframe
On the daily timeframe (D1) for WTI, we see a manipulation of the 65.771 level, which may indicate that the market is moving toward the monthly targets I mentioned earlier — 61.818 and 58.504.
Hourly timeframe
On the hourly timeframe (H1), this manipulation appeared as a false breakout of the upper boundary of a sideways range. The range boundaries are clearly defined: the upper boundary at 65.771 and the lower boundary at 63.580.
Wishing you profitable trades!
This analysis is based on the Initiative Analysis concept (IA).
The sellers have reached the targets mentioned in the previous review (65.628 and 64.378).
What to expect next.
Daily timeframe
On the daily timeframe (D1) for WTI, we see a manipulation of the 65.771 level, which may indicate that the market is moving toward the monthly targets I mentioned earlier — 61.818 and 58.504.
Hourly timeframe
On the hourly timeframe (H1), this manipulation appeared as a false breakout of the upper boundary of a sideways range. The range boundaries are clearly defined: the upper boundary at 65.771 and the lower boundary at 63.580.
Wishing you profitable trades!
Clarity on the Chart. Smart Trading Decisions
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Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.
Clarity on the Chart. Smart Trading Decisions
Похожие публикации
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.