1005 Daily Plan WTI waiting for confirming signal up to 72
Hello traders,
This is a daily plan on WTI(usoil). So it has been a while since our last video since we got a long vacation. Now I am back.
On this daily chart, WTI is still running alone with the uptrend channel and keep staying above average band inside the channel. Also it is almost hit the daily last high again. 67.82 should be a important resistance zone for buyers.
Will it break through it to make a new high? It is very possible since we have no sign to sell on weekly chart and daily chart yet. So this plan is waiting for a new impulse leg to change WTI running rhythm to break through the 67-68 level.
Inside the channel, WTI might very soon to finish its 5th wave. So today’s plan on daily chart it wait for sideways to finish a corrective wave and buy at the very confirming signal of 3rd impulse leg to break it through. This time, daily buying target could up to 72.
Good luck on waiting.
LESS IS MORE!
This is a daily plan on WTI(usoil). So it has been a while since our last video since we got a long vacation. Now I am back.
On this daily chart, WTI is still running alone with the uptrend channel and keep staying above average band inside the channel. Also it is almost hit the daily last high again. 67.82 should be a important resistance zone for buyers.
Will it break through it to make a new high? It is very possible since we have no sign to sell on weekly chart and daily chart yet. So this plan is waiting for a new impulse leg to change WTI running rhythm to break through the 67-68 level.
Inside the channel, WTI might very soon to finish its 5th wave. So today’s plan on daily chart it wait for sideways to finish a corrective wave and buy at the very confirming signal of 3rd impulse leg to break it through. This time, daily buying target could up to 72.
Good luck on waiting.
LESS IS MORE!
