WTI - 2025 Q1 Forecast - Technical Analysis & Trading Ideas!
đź’ˇ 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:
đź’ˇ 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
đź’ˇ 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 đź‘Ť 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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âś…36 Forex Pairs
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âś…16 Indices
âś…Gold, Silver...
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FREE Telegrams:
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