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WTI CRUDE OIL Double rejection on the 1day MA200
CFD pada Minyak Mentah WTI
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WTI CRUDE OIL Double rejection on the 1day MA200
Oleh TheCryptagon
Ikuti
Ikuti
19 Jul 2023
3
1
9
9
19 Jul 2023
WTI Crude Oil hit and is getting rejected on the 1day MA200 today. That is the 2nd time 4 days to do so.
That is a technicals Double Top rejection and if the 1day RSI crosses under its MA, it will confirm the bearish move.
The long term pattern is a Channel Down and as we described last time, this isn't just near its top but also near the 1week MA50.
Sell and target the 1week MA200 at 68.50.
Previous chart:
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WTI
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