Last week's bearish candle that printed on WTI has caught my eye.
Firstly, the move higher early on in the week would have caught a lot of bullish trend traders off-guard.
If you switch to the daily timeframe, the picture is even bleaker for the bulls - that pin-bar on weekly looks like a good old fashioned blow off top on the daily.
So where to from here?
For me, I need to see price trading below $62 to initiate a short. If price just eats up last weeks range, drifting higher, that would make me do a full 180 and expect more upside.
Firstly, the move higher early on in the week would have caught a lot of bullish trend traders off-guard.
If you switch to the daily timeframe, the picture is even bleaker for the bulls - that pin-bar on weekly looks like a good old fashioned blow off top on the daily.
So where to from here?
For me, I need to see price trading below $62 to initiate a short. If price just eats up last weeks range, drifting higher, that would make me do a full 180 and expect more upside.
İşlem kapandı: hedefe ulaştı
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.