WTI - 15 min - ST - Major support around 80.85. Trendline broken
Updated
Major support for Crude is around 80.83
The falling trendline which was earlier resistance has been broken but we have been wandering around that. Currently retesting it on the downside. Bias is to the upside
The falling trendline which was earlier resistance has been broken but we have been wandering around that. Currently retesting it on the downside. Bias is to the upside
Note
Support at 80.83 has flipped into resistance around 82.05Expecting higher move still basis EW but al said and done crude continues to deliver mixed messages
Trade closed manually
Closing longs here around 82.8. Major support now around 81.2 and rising
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.