CRUDE OIL (WTI) PENDING FOR A SELL
CRUDE OIL WTI SHORT
There been a major consolidation between the 2 lines drawn there at 49.66 & 44.33, It's printed a bearish engulfing 2 weeks ago but still managed to consolidate at the other S/R, so what in order to short it, the candle MUST close below the 44.33 mark. TP would be at the next S/R which is 39.85.
IF it prints a BULLISH ENGULFING, then we may consider a buy up to 49.66... OR better yet, be patient and see how it plays out near that level.
For now, we are eyeing for a short once the break happens.
There been a major consolidation between the 2 lines drawn there at 49.66 & 44.33, It's printed a bearish engulfing 2 weeks ago but still managed to consolidate at the other S/R, so what in order to short it, the candle MUST close below the 44.33 mark. TP would be at the next S/R which is 39.85.
IF it prints a BULLISH ENGULFING, then we may consider a buy up to 49.66... OR better yet, be patient and see how it plays out near that level.
For now, we are eyeing for a short once the break happens.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.