WTI CRUDE OIL Top formation like all others since December
WTI Crude Oil is forming a Top pattern, which is similar to all peaks since December.
The RSI (4h) crossed below the Rising Support, which is the first sell signal on peak formations.
Trading Plan:
1. Sell on the current market price.
Targets:
1. 74.00 (top of the Symmetric Support Zone).
Tips:
1. Four out of five previous Tops formed around a Golden Cross (4h) pattern. Such was formed 2 days ago.
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Notes:
This is a continuation of this trading plan:
The RSI (4h) crossed below the Rising Support, which is the first sell signal on peak formations.
Trading Plan:
1. Sell on the current market price.
Targets:
1. 74.00 (top of the Symmetric Support Zone).
Tips:
1. Four out of five previous Tops formed around a Golden Cross (4h) pattern. Such was formed 2 days ago.
Please like, follow and comment!!
Notes:
This is a continuation of this trading plan:
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