Possible Symmetrical Triangle forming
It is possible that WTI is forming a Symmetrical Triangle on the daily chart. I think this will end up being a bullish continuation pattern, but in the meantime, WTI will probably bounce back and forth within the triangle before it finally breaks out.
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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.