Hey traders,
WTI Oil finally reached our goal.
What is next?
Here are the key levels for you to watch:
Resistance 1: 73.7 - 74.2
The price is approaching that area at the moment.
Being quite overbought, we might expect a pullback from that.
Next week I will look for a confirmation to short from there.
I will post the update if I see a nice setup.
Resistance 2: 76.3 - 77.0
The area is based on year's high.
In case of the bullish violation of Resistance 1, that will most likely be the next goal for buyers.
Support 1: 69.3 - 70.6
Our closest demand area.
Spotting that earlier we nicely predicted a bullish rally from that.
In case of its test in the future, we will look for pullback trades from there.
❤️Please, support this idea with like and comment!❤️
✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Related publications
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.
✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Related publications
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.