Weekly WTI Outlook: Short Opportunity

WTIShortPosition5d ago4 views

Trade Setup

Entry Price

72.3500

Stop Loss

73.0600

Take Profit

70.9200

Risk : Reward

1 : 2.01

RiskReward

Technical Analysis

Looking at the daily chart, WTI is showing a clear descending triangle pattern near the 72.35 level.

Fundamental Context

Recent economic data supports a short move on WTI. Central bank policy remains the key driver.

Trade Setup

Risk:reward is 2:1. Stop loss at 73.06, take profit at 70.92.

Comments

Loading comments...