WTI CRUDE OIL Lower High Sell.
WTI Crude Oil has been on Lower Highs even since the rejection on the Rising Resistance of the Megaphone pattern.
As suggested by the previous Bearish Waves, this is a sell signal, with the 4hour RSI following a similar pattern.
Sell and target 79.75 (-3.33%, symmetrical Bearish Wave), which is where the 4hour MA200 is expected to offer support.
Previous chart:
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As suggested by the previous Bearish Waves, this is a sell signal, with the 4hour RSI following a similar pattern.
Sell and target 79.75 (-3.33%, symmetrical Bearish Wave), which is where the 4hour MA200 is expected to offer support.
Previous chart:
Follow us, like the idea and leave a comment below!!
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