WTI CRUDE OIL Sell signal at the top of the Channel Up.

Penjualan

CFD pada Minyak Mentah WTI (TVC:USOIL)

TVC:USOIL CFD pada Minyak Mentah WTI

trendanalysis chartpattern indicator wti wtioil oil crude commodities energy

WTI Crude Oil reached the top of the December 2023 Channel Up as well as the dashed Channel Up that started after it crossed over the MA50 (1d).
This is a double sell opportunity.

Trading Plan:
1. Sell on the current market price.
2. Sell again if the price closes a (1d) candle under the dashed Channel Up.

Targets:
1. 82.00 (bottom of dashed Channel Up).
2. 79.00 (bottom of long term Channel Up).

Tips:
1. The RSI (1d) crossed into the overbought zone (above 70.00). That is an additional reason for a technical correction.

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Notes:
Past trading plan:

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