USDWTI H4 - Long Setup
USDWTI H4
A break short of 70/barrel would be quite significant in my eyes, threatening the break as we speak, but need to ideally see a solid H4 close below. Our H4 support region is trading marginally below that $70 whole number, but the 'zone' is still a decent support region.
Just need to wait for price exhaustion, especially with a volatile pair like WTI. Not personally something I'm looking to trade this early on in the week, but worth updating the watchlist from yesterdays webinar.
A break short of 70/barrel would be quite significant in my eyes, threatening the break as we speak, but need to ideally see a solid H4 close below. Our H4 support region is trading marginally below that $70 whole number, but the 'zone' is still a decent support region.
Just need to wait for price exhaustion, especially with a volatile pair like WTI. Not personally something I'm looking to trade this early on in the week, but worth updating the watchlist from yesterdays webinar.
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