2204 4h plan WTI buy from the support line of the channel?

Hello traders


WTI usoil has made a reversal signal on this flat channel on Tuesday after a strong impulse leg start from last week. It took almost a whole week to finish this swing. The new swing from the reversal signal on 4h chart now seems slow down with a new flat channel like this on 4h chart.
It is not a good idea to open sell now but if price would be rejected from the upper band of the channel to test 60 like this five waves, it would not be a surprise. On that case, we should wait for a new chance to buy on 60.
But this plan on WTI crude oil today is waiting for a reversal signal like it happened on Tuesday to follow the main trend on daily / weekly chart. So what is happening on WTI would only be a 4h correction. It could target daily last high, up to 68.
And if there was a confirming buying signal on 4h chart, that would make a potential RR>10 by approaching 4h last high.

So this is plan to buy WTI today.
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Good luck!!!
LESS IS MORE!

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