WTI CRUDE OIL Potential rejection on a Falling Resistance.
WTI Crude Oil is close to making a 3rd contact on the Falling Resistance, which last time ended in a 4hour MA200 test.
Along with the Rising Support, this pattern resembles December-January, which later broke upwards to a new High.
Until it does, sell and target the 1day MA200 again at 77.50.
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Along with the Rising Support, this pattern resembles December-January, which later broke upwards to a new High.
Until it does, sell and target the 1day MA200 again at 77.50.
Follow us, like the idea and leave a comment below!!
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