🛢️ WTI Crude Oil (4H Chart) Trade Setup Overview
📊 Current Price: $71.22
📈 Trend: Bullish
📏 Indicator: EMA (70) ➜ $66.75
🟦 DEMAND ZONE (Support)
📍 Zone: $69.10 – $69.15
🧲 This is the buy zone, where demand is expected to push price back up.
✅ Reason to Buy Here:
Strong bullish momentum previously began from this zone
EMA is below, acting as dynamic support
🎯 TARGET POINT
📌 Target 1: $76.50
🚀 Target 2 (Extended): $77.63
📊 Reward Potential: High upside if bounce succeeds from the demand zone
📈 Risk/Reward: 🔥 Favorable (~2:1 or better)
🔵 ENTRY POINT
🔹 Suggested Entry: Around $69.10 – $69.15
👀 Wait for confirmation like a bullish candlestick in this zone
🟥 STOP LOSS
🚫 Stop Levels:
🔻 $66.75 (Primary stop)
🔻 $66.53 (Aggressive stop)
📉 Below the EMA and demand zone → If price hits this, setup is invalidated
📌 Technical Summary
✅ Bullish Trend
✅ Higher Highs, Higher Lows
✅ Above EMA 70
⚠️ Risk: Breakdown below demand zone
🧠 Strategy in One Line
📉 Buy the Dip into demand zone ➕
📈 Target the breakout toward $76.50–$77.63 ➕
🛑 Cut losses below $66.75
📊 Current Price: $71.22
📈 Trend: Bullish
📏 Indicator: EMA (70) ➜ $66.75
🟦 DEMAND ZONE (Support)
📍 Zone: $69.10 – $69.15
🧲 This is the buy zone, where demand is expected to push price back up.
✅ Reason to Buy Here:
Strong bullish momentum previously began from this zone
EMA is below, acting as dynamic support
🎯 TARGET POINT
📌 Target 1: $76.50
🚀 Target 2 (Extended): $77.63
📊 Reward Potential: High upside if bounce succeeds from the demand zone
📈 Risk/Reward: 🔥 Favorable (~2:1 or better)
🔵 ENTRY POINT
🔹 Suggested Entry: Around $69.10 – $69.15
👀 Wait for confirmation like a bullish candlestick in this zone
🟥 STOP LOSS
🚫 Stop Levels:
🔻 $66.75 (Primary stop)
🔻 $66.53 (Aggressive stop)
📉 Below the EMA and demand zone → If price hits this, setup is invalidated
📌 Technical Summary
✅ Bullish Trend
✅ Higher Highs, Higher Lows
✅ Above EMA 70
⚠️ Risk: Breakdown below demand zone
🧠 Strategy in One Line
📉 Buy the Dip into demand zone ➕
📈 Target the breakout toward $76.50–$77.63 ➕
🛑 Cut losses below $66.75
join my tellegram channel
t.me/JaMesGoldFiGhteR786
join my refferal broker
xmglobal.com/referral?token=S4yGyqPUmU9uAANtb_YUoA
t.me/JaMesGoldFiGhteR786
join my refferal broker
xmglobal.com/referral?token=S4yGyqPUmU9uAANtb_YUoA
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
join my tellegram channel
t.me/JaMesGoldFiGhteR786
join my refferal broker
xmglobal.com/referral?token=S4yGyqPUmU9uAANtb_YUoA
t.me/JaMesGoldFiGhteR786
join my refferal broker
xmglobal.com/referral?token=S4yGyqPUmU9uAANtb_YUoA
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.