WTI Crude Oil Sell TP = 42.67
On the weekly chart, the trend started on March 13, 2022 (linear regression channel).
There is a high probability of profit, since the channel is not yet closed. A possible take profit level is 42.67 (this is the minimum take profit value, but it has a high percentage of payoff).
But don't forget about SL = 98.
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelieveInTrading
There is a high probability of profit, since the channel is not yet closed. A possible take profit level is 42.67 (this is the minimum take profit value, but it has a high percentage of payoff).
But don't forget about SL = 98.
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelieveInTrading
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