hey traders,
the beginning of 2019 is very bullish for wti!
the market has already broken multiple levels of resistance and
continues its steady movement in a rising channel.
right now the market is very close to a resistance line of a channel.
looking left on a daily we see that the market is very close to a new significant resistance area between 59.0-60.0
I will be looking for selling opportunities as soon as the market approaches this zone.
inside this area, I will be looking for confirmation signals on lower timeframes!
the initial target will be based on structure and channel support line.
good luck!
Kommentar:
clear rejection of 59 level
Kommentar:
market is entering the zone
now we are looking for a confirmation
now we are looking for a confirmation
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