WTI Short below $60
WTI showing a clear Head and Shoulders pattern in Weekly time frame.
Currently trading at around $68.
Short trade favored on a drop below $60 with a stop of $65.
Targets $32 which is the zone of yearly virgin pivot. Next target which is based on Head and Shoulders pattern is $7 to $10.
Since this is a weekly time frame, might take a year plus for the targets to reach. So actual trades to be taken in lower time frame managing pull backs.
Currently trading at around $68.
Short trade favored on a drop below $60 with a stop of $65.
Targets $32 which is the zone of yearly virgin pivot. Next target which is based on Head and Shoulders pattern is $7 to $10.
Since this is a weekly time frame, might take a year plus for the targets to reach. So actual trades to be taken in lower time frame managing pull backs.
Trading is my passion.
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.
Trading is my passion.
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.