Buying Opportunities in WTI Crude Oil Tue Nov 8, 2022 3:27pm. Limit Order #1 Filled @ $88.12 Wed, Nov 9, 20:05pm #2 Order Fille Thu Nov 01 25am. Closed All Long Positions @ $88.700. 14:04pm +$594.12

Chart CRUDEOIL, H4, 2022.11.08 07:26 UTC, Tradeview, Ltd., MetaTrader 4, Real

WTI crude oil has likely topped out temporarily at $94.011 overnight. But this does not mean that the rally from $76.568 is over. It is more likely that the rally from $76.568 is still unfolding. What is happening is probably is a pullback within this 3-wave rally to somewhere between $88.11 and $86.72. If so, a buying opportunity may present shortly.

TRADE IDEAS

#1 Long @ $88.12. Filled on Wed, Nov 9, 20:05pm. Closed Out at target on Fri, Nov. 11, 14:04pm

#2 Long @ $86.72. Filled on Thu, Nov 10, 01:25am. Closed Out at target on Fri, Nov. 11, 14:04pm

All Stops @ $85.75

Targets: $88.70