Bullish on WTI longterm. Could be bearish short term as it's at the top of the short term (green) channel but if it breaks above it and the Fibb retracement then we could go on a nice little run up to the next resistance which is around the 60-61 /bbl range.
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.