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WTI OIL aiming at the 1D MA50

  • August 24, 2021
  • Posted by: Tradingshot Articles
  • Category: Commodities
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Pattern: Triangle on 1D.

Signal: Buy as the price (a) made a strong rebound on the Higher Lows trend-line, (b) near the 1D MA200 (orange trend-line) and (c) broke above the Pivot Zone.

Target: The 1D MA50 (blue trend-line).

Tradingview link:

https://www.tradingview.com/chart/USOIL/X7DQLRmq-WTI-OIL-aiming-at-the-1D-MA50



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