CFDs on WTI Crude Oil
Long
Updated

Crude Oil (WTI): Key Levels to Watch 🛢️

1 504
snapshot


Hey traders,

Contemplating this bullish rally on WTI,
here are the major key level to watch for pullbacks.

77.0 - is the structure resistance that went broken this week.
Now it turned into a support

91.0 is a minor monthly/weekly resistance.
The price may retrace from that.

107.0 - 115.0 is a major monthly resistance cluster.
A strong bearish reaction will be expected from that.

Be prepared for a bullish continuation.
Try to catch it on an occasional pullback.

❤️Please, support this idea with like and comment!❤️

Note
Check my new analysis on EURCAD:
EURCAD: Important Breakout & Bearish Continuation 🇪🇺🇨🇦

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.