TradingView
Trade_Simple_FX
Jul 19, 2021 9:26 AM

USDWTI H4 - Long Setup Long

U.S. DOLLAR / WTI CRUDE OILICE

Description

USDWTI H4

A break short of 70/barrel would be quite significant in my eyes, threatening the break as we speak, but need to ideally see a solid H4 close below. Our H4 support region is trading marginally below that $70 whole number, but the 'zone' is still a decent support region.

Just need to wait for price exhaustion, especially with a volatile pair like WTI. Not personally something I'm looking to trade this early on in the week, but worth updating the watchlist from yesterdays webinar.
More