WTI OIL Trading Plan

Pattern: Bullish formation based on Fibonacci retracements and extensions. Every Higher Low is on a +0.118 Fibonacci retracement interval. Every Higher High on a -0.118 Fibonacci extension interval.

Signal: Buy near the 0.618 Fib retracement which is also the 4H MA50.

Target: 48.00 (just below the -0.382 Fibonacci extension).



Previous WTI OIL trade:




** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **

--------------------------------------------------------------------------------------------------------

!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!

🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> TradingView

--------------------------------------------------------------------------------------------------------