WTI completed a 3 week descending triangle here and closed very weak. Expect to see some downside for the next few days/weeks. I am not trading this on futures yet because of my capital balance, but the downside target for me is 40.1 out of this triangle.
Note
Stop moved to 46.9 area.
Note
Stop moved to 44.35. Will start to look at 3DTSR here for management.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.