Published for record keeping purposes.
It possible for wti to make a higher low following rejection at the lower green arrow only to break upwards around late april.
It possible for wti to make a higher low following rejection at the lower green arrow only to break upwards around late april.
Comment:
The three and a half months of topping seen from Dec 12th to Mar 8th shows we may have topped for now and will make a lower high before falling again. This is a short-term long strategy.
Comment:
It's not too late to jump on the wagon! Long at current price of $48.03, SL $46.9, first target $50.21, and second target $52-53.
Comment:
First target had been reached. I closed all my positions but WTI could go higher!
Comment:
Second target of 52.5 was reached on friday.