WTI Oil pulled back as we expected on our previous trade and filled the 0.618 Fibonacci level.
Consistent with the March 24th 0.618 Fib fill (and the RSI on a harmonic buy level), a rebound now is heavily favored as the Falling Resistance from the prior market top, has already broken.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 76.00 (MA200 4h).
Tips:
1. RSI (4h) crossed above the MA, as it did on March 27th on the previous market rally. This is an additional strong buy signal.
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Notes:
Past trading plan:
Consistent with the March 24th 0.618 Fib fill (and the RSI on a harmonic buy level), a rebound now is heavily favored as the Falling Resistance from the prior market top, has already broken.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 76.00 (MA200 4h).
Tips:
1. RSI (4h) crossed above the MA, as it did on March 27th on the previous market rally. This is an additional strong buy signal.
Please like, follow and comment!!
Notes:
Past trading plan:
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Also doing account management, earn +15% monthly profit!
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