WTI CRUDE OIL Sell Signal
WTI Crude Oil reached Resistance Zone (1).
Breaking above the Declining Resistance resembles late January.
Limited upside to Resistance Zone (2) based on the past 4 months.
Trading Plan:
1. Sell on the current market price.
Targets:
1. 74.00 (over Support Zone 1).
Tips:
1. The MACD is also inside its 3 month Resistance Zone. The next Bear Cross will confirm the downtrend.
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Notes:
This is an extension of this trading plan:
Breaking above the Declining Resistance resembles late January.
Limited upside to Resistance Zone (2) based on the past 4 months.
Trading Plan:
1. Sell on the current market price.
Targets:
1. 74.00 (over Support Zone 1).
Tips:
1. The MACD is also inside its 3 month Resistance Zone. The next Bear Cross will confirm the downtrend.
Please like, follow and comment!!
Notes:
This is an extension of this trading plan:
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