WTI – Waiting for Confirmation

3 gün önce

WTI is currently trading below the long-term moving averages, maintaining a weak to neutral-bearish higher-timeframe structure.
The recent upside move appears corrective rather than impulsive, and price is now consolidating below key dynamic resistance.
On the H1 and M30, price is trapped inside a well-defined range, showing:
Loss of bullish momentum
Lower highs forming after the rebound
RSI hovering around neutral levels, offering no clear directional edge
At this stage, there is no valid entry inside the range. Buying would mean trading against higher-timeframe structure, while selling without confirmation risks a false breakout.
The plan is simple:
No anticipation
No chasing price
Wait for a clean break and close below support to look for bearish continuation
If the market does not provide clarity, staying flat is the correct decision.

Patience is the edge here.

3 gün önce

İşlem elle kapatılmış

Position closed with a profit.