WTI still move upward since the Price moved above 50.17
The price continued move upward since our last oil trade, this is a risk area around 54.46 - 54.89, if the price move above 54.89 and real stand above the 54.89, we could place the long position, the major reason is there is another head shoulder bottom appear if the price move above 54.89
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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.