WTI CRUDE OIL Two buy entries
WTI Crude Oil hit Support Zone (1) and is rebounding.
The pattern has been extremely steady since November and Support Zone (1) has delivered 5 rallies of at least +9.50% each.
Trading Plan:
1. Buy on the current market price.
2. Buy near Support (2).
Targets:
1. 80.00 (near Resistance Zone 1).
2. 77.50 (mid level structure).
Tips:
1. The RSI (4h) is on a Rising Support. A common characteristic of all prior rallies since November.
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Notes:
This is a continuation of this trading plan:
The pattern has been extremely steady since November and Support Zone (1) has delivered 5 rallies of at least +9.50% each.
Trading Plan:
1. Buy on the current market price.
2. Buy near Support (2).
Targets:
1. 80.00 (near Resistance Zone 1).
2. 77.50 (mid level structure).
Tips:
1. The RSI (4h) is on a Rising Support. A common characteristic of all prior rallies since November.
Please like, follow and comment!!
Notes:
This is a continuation of this trading plan:
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