WTI about to take a quick breather - let's play the correction!

Short

West Texas Oil (OANDA:WTICOUSD)

Mis à jour

OANDA:WTICOUSD West Texas Oil

trendanalysis chartpattern indicator wti oil short correction

After rallying strong off the DEC '18 lows -which elevated WTI more than 40%!- and as prices gradually approach the 50 Fib level of the whole gargantuan sell-off move dating back to the last October high all through December of 2018 and with the RSI already in overbought territory, I assume it is now time for some rather prolonged rectracement/correction... possible entry-levels given on the chart...

Who's in?!

:D

Transaction en cours

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.