1 Hour Time Frame WTI CRUDE

17 Tem

So Far based on my 5D Chart we still within the Triangle and after a retest at resistance the expectations is for a smooth drop to roughly 79 by end of the week. I now decided to do an analysis on a 1H time frame to follow a bit more often and keep an eye on a breakout,. I highlighted the Top purple and Bottom purple lines as potential targets should we have a break out on either the BUY or SELL ZONES. For Scalpers I highly reccommend staying away from the Yellow Zone, once we are out of thaty area it should give you a better picture on where the trend goes.

Hope I am right with this but I base this only on Trend, Volume and the Oscilator Matrix.along with the EMA at 200.