WTI CRUDE OIL Testing critical Support (formerly a Resistance). Short

WTI CRUDE OILTVC

Description

⋅ Apr 25, 2023 9:30 PM

The WTI Crude Oil is on the 1day MA100, a level that was formerly a Resistance since deep into 2022.

This is the first time it is being tested as a Support in such a long time.

Holding it will retest the 1day MA200.

If it breaks along with the 1day MA50, target the Rising Support at 70.00.

Previous chart:

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Comments

pejman_zwin

⋅ May 2, 2023 3:13 PM

It's definitely a possible scenario.🔥

DeGRAM

⋅ Apr 30, 2023 4:29 PM

Thank you. Great job.

Gold-Tech

⋅ Apr 27, 2023 2:42 PM

Thanks, keep up the good work) Love your analysis

LegionQ8

⋅ Apr 26, 2023 1:52 PM

You made me reconsider but anyway thanks for great idea

RLinda

⋅ Apr 26, 2023 1:26 PM

Everything seems to be good. Thanks for the idea! I wish everyone who takes the risk a profitable trade)

FirstNameHelen

⋅ Apr 26, 2023 12:47 PM

Keep sharing your great charts dear, I like your work

WalterMoon

⋅ Apr 26, 2023 11:29 AM

bro great work, I'm think that you are right for USOIL

FX_Professor

⋅ Apr 26, 2023 11:02 AM

Totally agree, awesome post