West Texas Intermediate (WTI) Crude: Long Set up
One needs to be cautious with a set up like this because it is aggressive seeing that the profit target was not only reached but it was breached it and ideally we dont want to be buying up at these high levels so we need to be patient and let it come down to the right price and this might be this week or it might be next week or in the new month. February with an MM2 would be the perfect setup. Patience and Discipline is the name of the game.
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About The Forex Analyst
Graduate in Bcom Human Resources Management. I have been operating in the markets since 2016 and still learning everyday analysing the markets and entering trades only when conditions are met. I am a full time trader and market analyst using technical and fundamental analysis, I am also a part time student at the University of Johannesburg studying Finance and Investment Management. I am always looking for ways to improve my skills as a professional and consistent investor for above average returns building a track record of success in the markets.