WTI: Peaking Out? My Swing Short Setup

WTIShortSwing5h ago2 views

Trade Setup

Entry Price

72.9400

Stop Loss

73.6500

Take Profit

71.5200

Risk : Reward

1 : 2.00

RiskReward

Charting the Course for a WTI Pullback


Alright folks, Simran here! WTI is definitely on my radar today. I know the overall trend has been bullish, and we’ve seen a decent 0.41% gain in the last 24 hours, currently sitting at 72.7955. But you know me, I trade what the chart shows, not just the trend. We're nudging up against some key resistance – the day high is 73.2387, and then we have 73.5 right above that. I'm seeing signs of exhaustion as it struggles to break these levels cleanly. This one's a beauty for a potential counter-trend play.

My Short Setup & Why

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