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arghidx
Feb 12, 2022 8:21 PM

WTI sell divergence on daily Short

WTI Light Crude OilBlackBull Markets

Description

BLACKBULL:WTI

After this bull run of the oil price, in normal conditions (without war), we should also have a price correction. On time frame D1 we have a sell divergence already formed, we have a liquidity zone around the price of 93,400. If the price manages to break down the last minimum format, and close a candle below the price of 88,500 without the MACD averages going through 0, we have a clean sell entry on the Daily with a TP up to the price area of 77,000.
Comments
rt019
:(
arghidx
@rt019, yes.... the movement(s) was.... the normal the price action, but let`s say "war actions"! :((
Tradersweekly
Thanks for the idea.
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