CRUDE OIL (WTI): Potential Scenarios For Next Week 🛢️
https://www.tradingview.com/x/21b9OTy9/
Crude Oil is consolidating after a strong bullish wave.
The price formed a horizontal range on a daily.
Next week, wait for a breakout of one of the boundaries of the range for a confirmation.
Bearish violation - a daily candle close below a support of the range, will give you a strong
bearish signal. A bearish continuation will be expected to 83.0 level then.
Alternatively, a bullish breakout of the resistance of the range - a daily candle close above,
will push the prices higher to 89.0 level.
Wait for a breakout, it will give you a strong confirmation.
❤️Please, support my work with like, thank you!❤️
Crude Oil is consolidating after a strong bullish wave.
The price formed a horizontal range on a daily.
Next week, wait for a breakout of one of the boundaries of the range for a confirmation.
Bearish violation - a daily candle close below a support of the range, will give you a strong
bearish signal. A bearish continuation will be expected to 83.0 level then.
Alternatively, a bullish breakout of the resistance of the range - a daily candle close above,
will push the prices higher to 89.0 level.
Wait for a breakout, it will give you a strong confirmation.
❤️Please, support my work with like, thank you!❤️
✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
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.