Trading WTI: Long Entry Near 71.49
WTILongPosition4h ago3 views
Trade Setup
Entry Price
71.4900
Stop Loss
69.8500
Take Profit
74.7800
Risk : Reward
1 : 2.01
RiskReward
Technical Analysis
WTI has formed a strong inverse head and shoulders on the daily chart. Entry near 71.49 with stop below 69.85.
Fundamental Context
The macro environment favors long positions on WTI. Keep an eye on upcoming data releases.
Trade Setup
Position sized for 2:1 R:R. Will trail stop once in profit.
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