WTI CRUDE OIL Best long term sell
The WTI Crude Oil is being rejected today on the 1day MA200, the longest Resistance MA technically.
This rejection is also taking place on Resistance A (83.40), the December 1st top.
The structural top inside the Channel Down has been the same on every occassion.
When the now overbought 1day RSI crosses under the MA trendline, the sell will be confirmed.
Target 70.00 (Rising Support).
Previous chart:
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This rejection is also taking place on Resistance A (83.40), the December 1st top.
The structural top inside the Channel Down has been the same on every occassion.
When the now overbought 1day RSI crosses under the MA trendline, the sell will be confirmed.
Target 70.00 (Rising Support).
Previous chart:
Follow us, like the idea and leave a comment below!!
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TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
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