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CRUDE OIL (WTI): Your Trading Plan For Today
CFDs on WTI Crude Oil
Short
CRUDE OIL (WTI): Your Trading Plan For Today
By VasilyTrader
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Oct 4
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Oct 4
WTI Crude Oil is testing a significant falling trend line on a daily.
To short that with a confirmation, pay attention to a descending triangle
pattern on an hourly time frame.
Your signal will be a breakout of its horizontal neckline
- an hourly candle close below 73.46.
Short the market aggressively or on a retest, then.
Targets: 73.07 / 72.85
Alternatively, a bullish violation of a trend line will be a strong bullish signal.
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Forex
Multiple Time Frame Analysis
priceaction
priceactionsignals
priceactiontrading
Technical Analysis
trading
Trend Lines
Triangle
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