25-08-2022 _ Short Term Bullish Idea _ WTI D - H4
25-08-2022 _ Short Term Bullish Idea _ WTI D - H4
Daily
1- Bullish Divergence followed by convergence.
2- This suggests Consolidation / Pullback followed by a move UP.
3- Price action has broken above strong Support/Resistance Zone and retested it as well.
H4
1- Bullish Divergence.
2- Bullish trending structure.
3- Price action is retracing right now.
Check Price Action near S1,S2, S3.
Enter BUY with some candle stick pattern
or considering Regular / Hidden Divergence.
Targets are 38.2, 50 & 61.8% Fibo. Retracements.
Protection is some safe distance below LOW.
Daily
1- Bullish Divergence followed by convergence.
2- This suggests Consolidation / Pullback followed by a move UP.
3- Price action has broken above strong Support/Resistance Zone and retested it as well.
H4
1- Bullish Divergence.
2- Bullish trending structure.
3- Price action is retracing right now.
Check Price Action near S1,S2, S3.
Enter BUY with some candle stick pattern
or considering Regular / Hidden Divergence.
Targets are 38.2, 50 & 61.8% Fibo. Retracements.
Protection is some safe distance below LOW.
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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.
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.