25-08-2022 _ Short Term Bullish Idea _ WTI D - H4

25-08-2022 _ Short Term Bullish Idea _ WTI D - H4

Daily
1- Bullish Divergence followed by convergence.
2- This suggests Consolidation / Pullback followed by a move UP.
3- Price action has broken above strong Support/Resistance Zone and retested it as well.

H4
1- Bullish Divergence.
2- Bullish trending structure.
3- Price action is retracing right now.

Check Price Action near S1,S2, S3.
Enter BUY with some candle stick pattern
or considering Regular / Hidden Divergence.

Targets are 38.2, 50 & 61.8% Fibo. Retracements.

Protection is some safe distance below LOW.