On 4h timeframe, WTI Crude Oil is printing a falling wedge pattern followed by Bearish Divergence on RSI. Potential Reversal Zone is predicted using the AB=CD pattern.
TRADE PLAN
TRADE PLAN
- Buy on breakout on previous Lower High.
- Stop Loss on previous Lower Low
- TP1, TP2 with RRR of 1:1 and 1:2 respectively