WTI OIL Buy Signal

Pattern: Channel Up on 4H.

Signal: Buy as the price entered the 4H MA50 (blue) - 4H MA100 (green) range, which has been a Buy Zone before.

Target: 67.50 (just below the 2 month Resistance). With a little more risk you may pursue the 1.618 Fibonacci extension, depending on where the price bottoms now.


Most recent WTI signals:




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