WTI OIL Buy Signal
Pattern: Ascending Channel on 4H.
Signal: Buy as the price just hit again the 4H MA50, which has been supporting since November 03. Keep another buy ready in case the price hits the 0.618 Fibonacci retracement level (Highs and Lows since November 06 are on a progressive sequence). MACD repeating the Nov 16-22 consolidation pattern.
Target: 48.00 (just below the 0.382 Fib extension).
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Signal: Buy as the price just hit again the 4H MA50, which has been supporting since November 03. Keep another buy ready in case the price hits the 0.618 Fibonacci retracement level (Highs and Lows since November 06 are on a progressive sequence). MACD repeating the Nov 16-22 consolidation pattern.
Target: 48.00 (just below the 0.382 Fib extension).
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> TradingView
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