tofinse

Change of character to be down trend ? No!!

Long
NYMEX:CL1!   Light Crude Oil Futures
I don't think WTI oil price become down trend in war situation

on 4H chart price is on demand zone
AB=CD bullish pattern is used in this trading entry

Maybe this is another loss because I don't wait for reversal candle to confirm
If price cannot stand in this area it will change of character to be down trend
but I think in this kind of situation WTI not likely to become down trend

RR 5 is very decent and passible for this trade
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