With Growing Optimism, OIL May Hit Upper Channel Before Pullback

With the growing bullish sentiments in the world oil market, price of WTI may hit the upper channel of the bullish wedge before there could possibly be a pullback against our earlier outlook on the commodity (as predicted last week, shown below). Also we have reviewed our target price from 67 to 73.

N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades

WTI Targeting 67 In 2021 - Brent Going For 75
Crude OilEconomic CyclesFractalSupport and ResistanceCrude Oil BrentCrude Oil WTIWTI

Smart Monies trade on Emotions and Sentiments. Let them work for you in taking calculated risks...

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