WTI - Let's Short This!
Wow! That was an impressive rally in WTI last week. The oil price rose by almost 16 % due to geopolitical tensions in the Middle East and the start of hurricane season in the USA.
However, WTI has now reached an important resistance area and the RSI is also showing clear bearish divergences.
We are taking advantage of this to open a short position.
Our price target is conservative and lies above the 38.2% retracement of the most recent upward impulse.
However, WTI has now reached an important resistance area and the RSI is also showing clear bearish divergences.
We are taking advantage of this to open a short position.
Our price target is conservative and lies above the 38.2% retracement of the most recent upward impulse.
Trade fechado: objetivo atingido
That escalated quickly. TP hit :D
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.