CRUDE OIL (WTI) Key Zones to Watch 🛢

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istantanea

WTI Crude Oil looks quite overbought at the moment.
The price may retrace before it goes to the next highs.

Here are key zones to watch for potential buying:
  • Support 1:
    77.1 - 79.2 zone
  • Support 2:
    72.9 - 74.8 zone


Let the price reach one of these zones first,
then look for a confirmation on lower time frames to buy.

In case of a bullish continuation,
the next resistance will be 89.5 - 91.0 level.
From that zone, a pullback will be expected.

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Nota
Check my new analysis on GOLD:
GOLD (XAUUSD): Key Levels to Watch🥇
brentCrude Oil Futures WTI (CL1!)Crude OilfuturesPivot PointsSupply and DemandSupport and ResistanceCrude Oil BrentCrude Oil WTIWTI

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