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CFD Petrolio WTI
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CRUDE OIL (WTI) Year's High Ahead! Important Update 🛢

Di VasilyTrader
Aggiornato
istantanea

Hey traders,

WTI Oil is approaching a key weekly/daily structure resistance.
76.8 - 77.2 is our potential reversal zone.
Being heavily overbought, we may catch a pullback from that.
Our confirmation will be a bearish breakout of a rising channel on 4h.

In case of a 4H candle close below its support, a bearish continuation will be expected.
Goals will be: 74.0/73.0

Alternatively, in case of a daily candle close above the underlined zone, a bullish continuation will be expected.

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Nota
Check my new analysis on DXY:
DOLLAR INDEX (DXY) Technical Outlook & Update 💵
brentCrude Oil Futures WTI (CL1!)Crude OilfuturesMultiple Time Frame AnalysisOilParallel ChannelSupport and ResistanceCrude Oil BrentCrude Oil WTIWTI
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