WTI - 2025 Q1 Forecast - Technical Analysis & Trading Ideas!
💡 Midterm forecast: (Daily Time-frame)
While the price is above the support 64.00, resumption of uptrend is expected.
Technical analysis:
A trough is formed in daily chart at 66.51 on 11/18/2024, so more gains to resistance(s) 75.44 and maximum to Major Resistance (77.92) is expected.
Take Profits:
💡 Short Term forecast: (H4 Time-frame):
The bullish wave is expected to continue as long as the price is above the strong Support at 70.53
Forecast:
1- Correction wave toward the Buy Zone
2- Another Upward Impulse wave toward Higher TPs
SL: Below 70.53
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While the price is above the support 64.00, resumption of uptrend is expected.
Technical analysis:
A trough is formed in daily chart at 66.51 on 11/18/2024, so more gains to resistance(s) 75.44 and maximum to Major Resistance (77.92) is expected.
Take Profits:
- 68.80
- 72.27
- 75.44
- 77.92
- 80.10
- 83.96
- 87.00
- 93.80
- 100.80
- 109.19
- 126.35
💡 Short Term forecast: (H4 Time-frame):
The bullish wave is expected to continue as long as the price is above the strong Support at 70.53
Forecast:
1- Correction wave toward the Buy Zone
2- Another Upward Impulse wave toward Higher TPs
SL: Below 70.53
__________________________________________________________________
❤️ If you find this helpful and want more FREE forecasts in TradingView,
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 BOOST button,
. . . . . . . . . . . Drop some feedback below in the comment!
🙏 Your Support is appreciated!
Let us know how you see this opportunity and forecast.
Have a successful week,
ForecastCity Support Team
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High Accurate forecasts by 4CastMachine AI
✅36 Forex Pairs
✅175 Cryptos
✅16 Indices
✅Gold, Silver...
👉Follow.ForecastCity.com
FREE Telegrams:
👉t.me/ForecastCity_com
👉t.me/Free_Forex_AI
👉t.me/Free_Crypto_AI
✅36 Forex Pairs
✅175 Cryptos
✅16 Indices
✅Gold, Silver...
👉Follow.ForecastCity.com
FREE Telegrams:
👉t.me/ForecastCity_com
👉t.me/Free_Forex_AI
👉t.me/Free_Crypto_AI
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.