WTI is trying to reach the resistance level upward
WTI based on my "beginner" analysis, it will go up until the major resistance level of 91.00-92.00, then it might drop hard. I'm currently having 4 buys at 89.90, 91.25, 91.70 and 88.45 (2x lot size); overall profit near breakeven.
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Looks like it's going to retest support level at 88.40 then high chance it's going to bounce up a little to 91.00 or 92.00 then dip down to 86.00. We'll see, I make no accurate prediction by the way....😁
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I am expecting to close at a "breakeven" at 90.30 and call it a trade. But the general idea hope still apply.
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What a ride, closing all at 90.50!
Trade closed: target reached:
Target reached, and there's a sign of weakening bullish. Now looking to sell.