I don't think WTI oil price become down trend in war situation
on 4H chart price is on demand zone
AB=CD bullish pattern is used in this trading entry
Maybe this is another loss because I don't wait for reversal candle to confirm
If price cannot stand in this area it will change of character to be down trend
but I think in this kind of situation WTI not likely to become down trend
RR 5 is very decent and passible for this trade
on 4H chart price is on demand zone
AB=CD bullish pattern is used in this trading entry
Maybe this is another loss because I don't wait for reversal candle to confirm
If price cannot stand in this area it will change of character to be down trend
but I think in this kind of situation WTI not likely to become down trend
RR 5 is very decent and passible for this trade
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.