WTI shall we have a cup of tea ? [Short Term Analysis]

13 May 2020

WTI has been in range since May 8th. During this range period we notice the formation of a "cup and handle" pattern. If this pattern is confirmed we have a high probability that the price will go to the area of 28. which is equivalent to a top projection of the cup dept.

14 May 2020

İşlem aktif

We stick to our scenario … !!

By the way is that a deep crab showing it self ? If this is confirmed next objective point D

14 May 2020

İşlem aktif

the market is always right and it validated our scenario once again.
Price stopped exactly at point D

15 May 2020

İşlem kapandı: hedefe ulaştı

Both Targets [Point D and Target range] reached.
It was a fantastic trade.