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CFDs on WTI Crude Oil
Long

CRUDE OIL (WTI) Key Zones to Watch 🛢

By VasilyTrader
Updated
snapshot

WTI Crude Oil looks quite overbought at the moment.
The price may retrace before it goes to the next highs.

Here are key zones to watch for potential buying:
  • Support 1:
    77.1 - 79.2 zone
  • Support 2:
    72.9 - 74.8 zone


Let the price reach one of these zones first,
then look for a confirmation on lower time frames to buy.

In case of a bullish continuation,
the next resistance will be 89.5 - 91.0 level.
From that zone, a pullback will be expected.

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Check my new analysis on GOLD:
GOLD (XAUUSD): Key Levels to Watch🥇
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