West Texas OilLong
Crude Oil | Time to ride the upward movement
Last week crude oil succeeded maintain the position above 77.110 and confirms a breakout that happened 2 weeks ago. This is the ending of a correction of the oil, giving high chance the continuation of bullish trend.
Price now just broke the minor consolidation resistance 81.695-82.235 and will continue the up movement. There's opportunity for traders to ride this bullish movement with target up to 86.575.
Price now just broke the minor consolidation resistance 81.695-82.235 and will continue the up movement. There's opportunity for traders to ride this bullish movement with target up to 86.575.
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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.