25-08-2022 _ Short Term Bullish Idea _ WTI D - H4
25-08-2022 _ Short Term Bullish Idea _ WTI D - H4
Daily
1- Bullish Divergence followed by convergence.
2- This suggests Consolidation / Pullback followed by a move UP.
3- Price action has broken above strong Support/Resistance Zone and retested it as well.
H4
1- Bullish Divergence.
2- Bullish trending structure.
3- Price action is retracing right now.
Check Price Action near S1,S2, S3.
Enter BUY with some candle stick pattern
or considering Regular / Hidden Divergence.
Targets are 38.2, 50 & 61.8% Fibo. Retracements.
Protection is some safe distance below LOW.
Daily
1- Bullish Divergence followed by convergence.
2- This suggests Consolidation / Pullback followed by a move UP.
3- Price action has broken above strong Support/Resistance Zone and retested it as well.
H4
1- Bullish Divergence.
2- Bullish trending structure.
3- Price action is retracing right now.
Check Price Action near S1,S2, S3.
Enter BUY with some candle stick pattern
or considering Regular / Hidden Divergence.
Targets are 38.2, 50 & 61.8% Fibo. Retracements.
Protection is some safe distance below LOW.
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