WTI Light Crude Oil
Short
Updated

Reaction with the top of the bullish channel

251
Hello friends.
According to the drawn channel and specified resistance, we expect to have a correction to the midline or maybe to the bottom of the channel.
Of course, this can only be technical and I have no opinion in terms of fundamentals.
Do you have any comments?
Good luck.
Note
Midline is giving a good response
Note
Finally we reached the bottom of the channel.

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.