What will happen to wti?
hello guys!
as you may know, yesterday oil decreased a lot and for a commodity like oil, average weekly movement is 80 pip (weekly atr=80) but this week, wti move 140 pip so far, so I predict that this 2 remaining days it will to correct last move and when touch that gray zone and trendline at same time, moving downward until the demand zone.
thank you for your attention.
good luck
as you may know, yesterday oil decreased a lot and for a commodity like oil, average weekly movement is 80 pip (weekly atr=80) but this week, wti move 140 pip so far, so I predict that this 2 remaining days it will to correct last move and when touch that gray zone and trendline at same time, moving downward until the demand zone.
thank you for your attention.
good luck
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