WTI stalled last week, and the prices have caught up with the 8 MA on the daily charts.
Daily chart has consolidation between 50.62(S) - 54.80(R).
Weekly chart has consolidation between 50.63(S) - 59.67(R).
No new price projection triggers have formed.
Still have a range of 48.48 - 36.04 as the zone with a price of ~44.10 for mid zone.
Daily chart has consolidation between 50.62(S) - 54.80(R).
Weekly chart has consolidation between 50.63(S) - 59.67(R).
No new price projection triggers have formed.
Still have a range of 48.48 - 36.04 as the zone with a price of ~44.10 for mid zone.
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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.