WTI: Weekly Forecast 18th July 2021
WTI continued to rally very strongly and has finally fully recovered from a previous dip of over 20 dollars.
There is no doubt in the demand of oil and prices are going to climb even higher going forward.
The market is now trading at the upper side of a major rising channel has shown nothing but bulls.
This week, we will patiently wait for another pullback and continue to buy, preferably at 80.
There is no doubt in the demand of oil and prices are going to climb even higher going forward.
The market is now trading at the upper side of a major rising channel has shown nothing but bulls.
This week, we will patiently wait for another pullback and continue to buy, preferably at 80.
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