It can be concluded from the analysis that I present, that there will be a weekly price correction for WTI Crude Oil. The RSI indicator is showing Overbought, and the price will drop to $72.17 based on the points of the daily Moving Average (WMA) indicator.
Hopefully my analysis can help or complement your analysis. Thank you.
Hopefully my analysis can help or complement your analysis. Thank you.
Trade closed manually
Cut losses. The oil will pump even more.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.
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.