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Crude Oil (WTI): Key Levels to Watch 🛢️
CFDs on WTI Crude Oil
Long
Crude Oil (WTI): Key Levels to Watch 🛢️
By VasilyTrader
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Updated
Oct 8, 2021
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Oct 6, 2021
Hey traders,
Contemplating this bullish rally on WTI,
here are the major key level to watch for pullbacks.
77.0 - is the structure resistance that went broken this week.
Now it turned into a support
91.0 is a minor monthly/weekly resistance.
The price may retrace from that.
107.0 - 115.0 is a major monthly resistance cluster.
A strong bearish reaction will be expected from that.
Be prepared for a bullish continuation.
Try to catch it on an occasional pullback.
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Oct 8, 2021
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Check my new analysis on EURCAD:
brent
crude
futures
Oil
Pivot Points
Supply and Demand
Support and Resistance
Crude Oil Brent
Crude Oil WTI
WTI
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