WTI failed to break out of the green band and chased the highs of the band. However, This could be a complex correction followed by a pretty sharp dip to breach $50.76 thus opening up more future downside. If we fail to sell-off below $55.15, expect much more upside.
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Related publications
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.