5th August 2021 report on WTI Crude Oil Futures. This day trading strategy uses Heikin Ashi candlesticks, Futurepivots, 1 Hour Support/resistance lines, and EMA (Expotenital Moving Averages).
The aim of the strategy is to capture moves between the lines and have robust open and close rules to stick to.
I didn’t trade today as I was traveling all day to go to work tomorrow, I work offshore oil & gas off Aberdeen.
So I will just write a short report and put the images on for reference I’m working on getting better images if anyone has any suggestions let me know I would like the image to get bigger when you click on it but website building isn’t my strong point.
check out this week’s trades and charts just click on date below
WTI Crude Oil Day Chart 8 am – 8 pm
Looking at the chart below now that the day has finished, you can see that there were various areas of support and resistance met at various levels. To look at a more macro level check out the charts below which are shown in 1 min