WTI Looking Heavy: My Intraday Short Idea on Crude

WTIShortIntraday1w ago17 views

Trade Setup

Entry Price

72.1600

Stop Loss

73.7400

Take Profit

69.0100

Risk : Reward

1 : 1.99

RiskReward

Hey everyone, Deniz here from sunny Antalya! Hope you're all having a profitable week. Taking a close look at WTI today and it's still looking pretty bearish to me. We're currently hanging around 71.84, after shedding nearly a full percent in the last 24 hours. The overall trend is clearly pointing down, and the price action confirms that sentiment.

Technical Snapshot


Looking at the charts, WTI has been struggling big time. The day range has been between 70.8577 and 72

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