WTI extended and at resistance

Updated
Analysis: Price has experienced a good run towards the upside and is now extended. Price is likely to experience a consolidation and if lucky, a retracement.

Short opportunity: Short at market reopening as High Risk trade towards 80.61 as Take Profit - 1 level.
Trade active
Initial target reached.
Take Profit - 2 level at 78.65
Trade active
Take Profit - 2 level at 78.65 reached
Take Profit - 3 level at 76.48
Trend Analysis

Also on:

Disclaimer