OIL Trading Plan

 

Pattern: Channel Up on 4H (inner/ blue and outer/ black lines).

Signal: (A) Buy as long as the 4H MA200 is holding, (B) Sell if the 4H MA200 breaks.

Target: (A) 42.00 (just under the Higher High trend-lines of both Channels), (B) 37.50 (just above the Higher Low trend-line of the inner (blue) Channel Up).

Most recent Oil trade:

WTI OIL just formed a Golden Cross on 1D!

** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **

——————————————————————————————————–

!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!

🎉 👍 Shout-out to TradingShot’s 💰 top TradingView Coin donor 💰 this week ==> TradingView

——————————————————————————————————–

 

Tradingview link:

https://www.tradingview.com/chart/USOIL/t4xxhFus-OIL-Trading-Plan

 



Add a comment