WTI - Sell the Trendline Test
Updated
Oil has begun a downtrend and we are currently experiencing a pullback to test the broken updtrend channel.
Sell Oil when it gets close to the channel for a great risk/reward trade.
Sell Oil when it gets close to the channel for a great risk/reward trade.
Note
Note
The trade is still valid, it 's doing a retest on the broken trend line. The structure has developed into a larger wedge (fractals).Trade becomes invalid if the wedge breaks on the up-side.
Trade closed: stop reached
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