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meszaros
Feb 21, 2020 3:11 PM

I buy a WTICOUSD correction. Long

West Texas OilOANDA

Description

I buy a WTICOUSD correction. The exchange tested back the 50% level of the W1ATR weekly correction range. I'm starting with the target price of $ 57.68. That means I'm waiting for a stronger north turn. In other words, I expect the initial start to be stronger. And that's what you can imagine. if the exchange rate starts at W1ATR50%. This level is 52,483usd.
Comments
TheGoldenBrickRoad
so target still 57??
meszaros
@Robba88,

I'm still validating the analysis. The target price remains at 57usd.
TheGoldenBrickRoad
invalid?
meszaros
@Robba88, Not yet. I keep my long position. The exchange tested back to the D1 ATR correction level. If the oil price makes a red candle below 50.772usd, I will reduce the risk.
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