Crude Oil (WTI) may fall to 105.10 - 106.60
Our preference
Short positions below 110.90 with targets at 106.60 & 105.10 in extension.
Alternative scenario
Above 110.90 look for further upside with 113.00 & 115.50 as targets.
Comment
As long as 110.90 is resistance, look for choppy price action with a bearish bias.
Our preference
Short positions below 110.90 with targets at 106.60 & 105.10 in extension.
Alternative scenario
Above 110.90 look for further upside with 113.00 & 115.50 as targets.
Comment
As long as 110.90 is resistance, look for choppy price action with a bearish bias.
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.
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.