WTI Light Crude OilShort
WTI is going to take out sellside liquidity
WTI failed to take out the liquidity on the sell side and took off early to the upside.
The long scenario presented last week has thus become obsolete.
However, we now get an opportunity to position on the short side.
Our price target is the aforementioned sellside liquidity along with the full gap fill.
The short setup offers an RRR of 2.1:1.
The long scenario presented last week has thus become obsolete.
However, we now get an opportunity to position on the short side.
Our price target is the aforementioned sellside liquidity along with the full gap fill.
The short setup offers an RRR of 2.1:1.
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Disclaimer
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.