Based on my analysis, the WTI projecting for a short as it is creating a rising wedge. This suggests that there is potential for a price increase in the near future. However, it is essential to note that the market can be volatile and subject to sudden shifts in sentiment, which could impact the outlook for WTI. Therefore, it is recommended that investors conduct their own research and due diligence before making any investment decisions
Note
TP 1 hit
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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.