Bias: Short-term bullish (range support within a broader recovery)
Timeframes: H4 / H1 for context, M15 for execution
Session: London / New York
Market Context:
WTI is recovering from recent lows and is currently trading above key short-term moving averages, indicating improving bullish momentum. On the H1 chart, price is consolidating within the Asian session range after a strong impulsive move, suggesting accumulation rather than distribution. The broader structure supports continuation as long as the lower boundary of the range holds.
Technical Confluence:
Price holding above the Asian session low (range support)
Confluence with dynamic support from short-term moving averages
Higher lows forming on intraday timeframes
RSI holding above the 50 level, confirming bullish control
Entry Plan:
Look for buy opportunities on a pullback into the lower boundary of the Asian range, avoiding chasing price at range highs.
Invalidation:
A decisive H1 close below the Asian session low would invalidate the bullish intraday scenario.
Trade Objective:
Target a move back toward the Asian session high and, if momentum expands during New York, continuation toward higher resistance levels.
Timeframes: H4 / H1 for context, M15 for execution
Session: London / New York
Market Context:
WTI is recovering from recent lows and is currently trading above key short-term moving averages, indicating improving bullish momentum. On the H1 chart, price is consolidating within the Asian session range after a strong impulsive move, suggesting accumulation rather than distribution. The broader structure supports continuation as long as the lower boundary of the range holds.
Technical Confluence:
Price holding above the Asian session low (range support)
Confluence with dynamic support from short-term moving averages
Higher lows forming on intraday timeframes
RSI holding above the 50 level, confirming bullish control
Entry Plan:
Look for buy opportunities on a pullback into the lower boundary of the Asian range, avoiding chasing price at range highs.
Invalidation:
A decisive H1 close below the Asian session low would invalidate the bullish intraday scenario.
Trade Objective:
Target a move back toward the Asian session high and, if momentum expands during New York, continuation toward higher resistance levels.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.