Get started
korrium

WTI Sell setup

Short
West Texas Oil (OANDA:WTICOUSD)  
korrium Updated   
OANDA:WTICOUSD   West Texas Oil
Oil short Pin Bar retest Support and Resistance crude WTI westtexasoil Pitchforks fibo
8
3
oil short pinbar retest supportandresistance crude wti westtexasoil pitchfork fibo
WTI retests resistance second time.Go short whenever you have a valid confirmation,according to your own strategy
Comment:
WTI Crude Oil Prices Weekly Outlook December 12-16
''Saturday’s meeting was another win for OPEC as the cartel struck a deal with non-OPEC oil producing countries to limit output. The current deal combined with the previous will limit output by a total of nearly 2% of the global oil supply. The agreement removes 558,000 barrels a day of crude oil in addition to the 1.2 million barrels agreed to in the OPEC meeting on November 30.

There is potential for a gap higher in the weekly open as a result of the developments of the meeting, and a break of 2016 resistance stands to trigger a strong technical bullish continuation signal for WTI crude oil prices.''http://www.economiccalendar.com
Comment:
So,gap happened,back to the drawing board...
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.