Bias: Short-term bullish (range support within a broader recovery)
Timeframes: H4 / H1 for context, M15 for execution
Session: London / New York
Market Context:
WTI is recovering from recent lows and is currently trading above key short-term moving averages, indicating improving bullish momentum. On the H1 chart, price is consolidating within the Asian session range after a strong impulsive move, suggesting accumulation rather than distribution. The broader structure supports continuation as long as the lower boundary of the range holds.
Technical Confluence:
Price holding above the Asian session low (range support)
Confluence with dynamic support from short-term moving averages
Higher lows forming on intraday timeframes
RSI holding above the 50 level, confirming bullish control
Entry Plan:
Look for buy opportunities on a pullback into the lower boundary of the Asian range, avoiding chasing price at range highs.
Invalidation:
A decisive H1 close below the Asian session low would invalidate the bullish intraday scenario.
Trade Objective:
Target a move back toward the Asian session high and, if momentum expands during New York, continuation toward higher resistance levels.
Timeframes: H4 / H1 for context, M15 for execution
Session: London / New York
Market Context:
WTI is recovering from recent lows and is currently trading above key short-term moving averages, indicating improving bullish momentum. On the H1 chart, price is consolidating within the Asian session range after a strong impulsive move, suggesting accumulation rather than distribution. The broader structure supports continuation as long as the lower boundary of the range holds.
Technical Confluence:
Price holding above the Asian session low (range support)
Confluence with dynamic support from short-term moving averages
Higher lows forming on intraday timeframes
RSI holding above the 50 level, confirming bullish control
Entry Plan:
Look for buy opportunities on a pullback into the lower boundary of the Asian range, avoiding chasing price at range highs.
Invalidation:
A decisive H1 close below the Asian session low would invalidate the bullish intraday scenario.
Trade Objective:
Target a move back toward the Asian session high and, if momentum expands during New York, continuation toward higher resistance levels.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.