Hey traders,
WTI Oil finally reached our goal.
What is next?
Here are the key levels for you to watch:
Resistance 1: 73.7 - 74.2
The price is approaching that area at the moment.
Being quite overbought, we might expect a pullback from that.
Next week I will look for a confirmation to short from there.
I will post the update if I see a nice setup.
Resistance 2: 76.3 - 77.0
The area is based on year's high.
In case of the bullish violation of Resistance 1, that will most likely be the next goal for buyers.
Support 1: 69.3 - 70.6
Our closest demand area.
Spotting that earlier we nicely predicted a bullish rally from that.
In case of its test in the future, we will look for pullback trades from there.
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.