WTI OIL - short term sell & long term buy

Expect retracement from upper long term trend line if price close under the drawn line. RSI is near heavy overbought and MACD is looking for bearish crossing of baselines. In the long run I expect first bigger correction from 62-63 $. Target and open prices are drawn in the chart.

Good luck to all and have a nice week.

-bullish trend structure testing strong resistance
-open short if price close under drawn up trend line
-Daily stochastic RSI is heavy overbought
-Daily MACD looking for bearish crossing of baselines

İşlem aktif:

TP1 reached within 12 hours

İşlem aktif:

TP2 still valid