CFDs on Crude Oil (WTI)
Long

CRUDE OIL (WTI) Weekly Time Frame & Key Levels

924
snapshot

hey traders,

just 12 hours until weekly candle closes.
it looks like the market will close above key weekly resistance (very strong bullish clue).

I am already bullish biased.
Here are the next key levels to pay attention to:

Resistance 1 - 50.5 - 55.0 area is based on price action from 2015'th
Resistance 2 - 63.0 - 66.5 area is based on 2019's highs

Support 1 - 42.0 - 43.5 area. I will look for a pullback to buy from that.

Key levels serve as the goal for buyers/sellers and give the safest entry points.

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