CRUDE OIL (WTI) SAFEST ZONE TO BUY

20 apr 2020

-18%...WOW!

we are now close to all times market low 10.5.

analyzing the price action we can see a potential harmonic abcd formation with a perfect match with 1.414 extension.
for me, the safest buying zone will be between 10.5 - 12.0.

I would say that the underlined area is best for investing purposes buying without leverage on 1-2 year holding period with great potential roi.

for day trading, wait for a reversal formation within the zone, and buy with 18.0 initial target and your stop below the zone.

good luck!

21 apr 2020

Trade chiuso: obiettivo raggiunto

HIT THE TARGET!!!