⚪ WTI has firmly established an uptrend, with a breakthrough above the first supply zone while consistently respecting the uptrend trendline.
⚪ Notably, a recent rejection of the second supply zone took place. The positive aspect, though, is that after the breakout we witnessed a precise bounce off the 78.6% Fibonacci retracement support, indicating the uptrend's continuation.
⚪ This suggests that WTI might be on the brink of a substantial upward move. As a result, heading towards one of two Fibonacci resistance levels situated at $102 and $115.
As always, we are sharing our trade setup in the channel!
⚪ Notably, a recent rejection of the second supply zone took place. The positive aspect, though, is that after the breakout we witnessed a precise bounce off the 78.6% Fibonacci retracement support, indicating the uptrend's continuation.
⚪ This suggests that WTI might be on the brink of a substantial upward move. As a result, heading towards one of two Fibonacci resistance levels situated at $102 and $115.
As always, we are sharing our trade setup in the channel!
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.
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.