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TradingShot
Aug 24, 2021 5:50 PM

WTI OIL aiming at the 1D MA50 Long

WTI CRUDE OILTVC

Description

Pattern: Triangle on 1D.

Signal: Buy as the price (a) made a strong rebound on the Higher Lows trend-line, (b) near the 1D MA200 (orange trend-line) and (c) broke above the Pivot Zone.

Target: The 1D MA50 (blue trend-line).



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Comments
ForexTrendline
Excellent chart breakdown, thanks for sharing!
pptw
beautiful analysis, key elements are there.
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