Technical Analysis DayTradeIdeas
Technical Analysis DayTradeIdeas
WTI Crude November future
Last session low & high: 6121- 6259
WTI Crude beat strong resistance at 6130/6170 with a break above 6230 but then tumbled back to the 6130/6170 area.
Maybe my level was a little low – watch 6150/6190 on Monday. Shorts need stops above 6270.
Targets for the shorts are 6040/6020 & below 6000 look for 5955/40.A break higher targets 6320 & 6400, perhaps as far as strong resistance at 6450/6500.
A high for the day & probably for the recovery here looks likely.
Shorts need stops above 6560.
It’s not the smartest traders who succeed, nor those who work the longest hours. It’s traders who learn how to control their emotions.
Learn my trading psychology secrets to gain emotional stability in my FREE 5 day challenge!
Sign up now: https://bit.ly/3RtFyZZ
Join my free telegram group for analysis and signals.
Daily Technical Analysis is provided by Jason Sen of Day Trade Ideas, who has been day trading since the late 1980’s. Jason has been a contributor of Traders Summit since the beginning. He primarily focuses on providing technical analysis of the financial markets, including stock chart patterns, Forex and Metals setups, and other useful technical analysis.
Please email me if you need this report updated or Whatsapp: +66971910019 – To subscribe to this report please visit daytradeideas.co.uk or email jason@daytradeideas.co.uk
Jason Sen, Director
https://www.daytradeideas.co.uk
20251027
