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WTI Crude Oil Bullish Bat and ABCD H1 Chart
WTI Crude Oil Bullish Bat and ABCD H1 Chart
| Instrument | CRUDE OIL |
| Time Frame | H1 |
| Link to Live Chart | https://www.tradingview.com/chart/kqgqBsmh/ |
| Post Date | 29.11.2019 |
| Update | |
| Fundamentals | OPEC+ Members Conflict |
| US-China Trade Talks | |
| Lack of Global demand | |
| WTI prices fell with the OPEC+ Supply News | |
| Our short trade achieved TP3 | |
| We predict bearish continuation after a technical correction. | |
| Technicals | Murrey Math -2/8 H1 |
| Main Trend | Bearish |
| Direction in The Chart | Bearish |
| Pattern/ Signal | Bullish Alt Bat |
| Trade Signal | Buy |
| Accuracy | 62% |
| Backtest Performance / Levels | |
| Total Patterns Found | 54 |
| Avarage Win | 62% |
| R/R | 1:3 |
| Estimated Completion Time | 2-10 H1 Bar |
| Entry 1 | 55.16 |
| Entry 2 | 54.92 |
| Invalidation Level ( Stop Loss) | 54.00 |
| Target 1 | 55.80 / OK |
| Target 2 | 56.09 / OK |
| Target 3 | 56.43 |
| Ultimate Target: | |
| Note: | Entry for the next drive is 54.30 |
| After the retracement, we will sell WTI targeting 53.13 & 50.20 | |
| Short Entry Notification will be sent. |
VERIFIED ACCOUNT AND SETUP RESULTS
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