Our plan on WTI is to short it again according to weekly bear signal.
WTI rallied up yesterday after hitting the 51.22 ( yellow box on 4H chart) and broke the red trendline on 4H chart.
So plan on WTI now is to see if WTI will stop rising by finishing the ABC wave on the blue top.
That will make sense because WTI looks bearish on weekly chart.
So 50 will be after54- 55.60 from current situation.
LESS IS MORE!
WTI rallied up yesterday after hitting the 51.22 ( yellow box on 4H chart) and broke the red trendline on 4H chart.
So plan on WTI now is to see if WTI will stop rising by finishing the ABC wave on the blue top.
That will make sense because WTI looks bearish on weekly chart.
So 50 will be after54- 55.60 from current situation.
LESS IS MORE!
