WTI (W&T Offshore) offers an objective long entry on this break above both the primary downtrend line & the 3.91 resistance level. Suggested stops using a 3:1 R/R to one’s preferred price target (T1T3). WTI was posted as a trade idea in the Trading Room last night by member Wiseguy (thanks!) and is one of several energy sector trade ideas posted in the new forum lately with some of those likely to also be added as official trade ideas soon.

WTI daily Nov 10th

WTI daily Nov 10th