WTI Might Continue Its Bullish Trend
The price of WTI stabilized during the recent corrector in the area of the 61.8% retracement of the upward movement between 9 and 10 October 2024. The reaction was clean, so it is reasonable to conclude that the price respects the mark.
Against this backdrop, we are opening a long position with an extremely favorable RRR of around 3.2:1.
Against this backdrop, we are opening a long position with an extremely favorable RRR of around 3.2:1.
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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.