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WTI?
WTI Light Crude Oil
WTI?
By reazosman
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Feb 28
1
Feb 28
We mark resistance because..
Very significant price where
#/ Dealers would sell their long contract bought at 70/71 .
#/ Now their liquidity (held positions are low)
From tis chart.. Dealers are accumulating 76-78.5
This theory will be evident WHEN..
Low liquidity will push Dealers to buy above {marked price}
From now..
I shall decide on.. LONG position
How you use this idea /story is up to you.
One wait confirmation. One can HODL.
All must have stops.
All the best
Beyond Technical Analysis
Trend Analysis
reazosman
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