WTI_56_SHORTTERM
No follow through below 44 (yet), so some shorts took profits.
Chance for retrace up to 56 area - poc of last downswing, where could meet supply. Need to break 48.75 by daily close, above 50 maybe more shortcovering.
Chance for retrace up to 56 area - poc of last downswing, where could meet supply. Need to break 48.75 by daily close, above 50 maybe more shortcovering.
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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.