TRADE PLAN 9 June 2022
USOIL (CFD on WTI Crude Oil)
Description
Although bullish trend remain active for now, price momentum in favour of bullish move is diminishing.
Nevertheless, Price has a high probability to visit 133.20 level at Weekly R3.
At 133.20 price will have completed a 5-wave sequence on Daily Chart. Hence providing a high probability set up to bearish move back to 97.65 price level.
Disclaimer
Charts are educational, not investment recommendation
USOIL (CFD on WTI Crude Oil)
Description
Although bullish trend remain active for now, price momentum in favour of bullish move is diminishing.
Nevertheless, Price has a high probability to visit 133.20 level at Weekly R3.
At 133.20 price will have completed a 5-wave sequence on Daily Chart. Hence providing a high probability set up to bearish move back to 97.65 price level.
Disclaimer
Charts are educational, not investment recommendation