CRUDE OIL (WTI) Technical Outlook & Swing Analysis 🛢
Updated
Hey traders,
WTI Oil keeps trading in a global bullish trend.
On a weekly time frame, the price formed an expanding bullish triangle
setting the equal lows around 62.0 level and setting the higher highs respecting a major rising trend line.
I will expect a bullish continuation within the boundaries of the triangle.
I believe that quite soon the price will reach 84.0 level and with a high probability will go higher to 91.0 - 96.0 resistance cluster.
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