WTI has come to the TrendLine Support and also the 1.618 EXT of the Prev Leg.
Now Watch closely for the price-action.
RSI obviously Over Sold.
Comment
⋅
Very positive Price Action. Buy the Pull Back
Comments
jangseohee
⋅
@tntsunrise nice work
5min wick that spring the upmove
tntsunrise
⋅
UR CHANNEL REALLY IMPRESS ME!
jangseohee
⋅
Ni hao
log scale allows me to know when is the price extreme to 80% confidence level
still 20% of wrong possbility
andberg
⋅
I may suggest to use USOIL instead of WTI in your comments because WTI is an automatic link for
W&T Offshore, Inc. is an independent oil and natural gas producer,
Rocketman
⋅
Yeah, but a lot of people call USOIL WTI. It is just the lingo that we have to get use to.
EL_KHIBRATTOR
⋅
The breakout of the trendline would invalidate your outlook ?
tntsunrise
⋅
yeah. we better see positive price-action first then decide to long
nice work
5min wick that spring the upmove