WTI Entry Level

The market reached a possible reversal zone formed by the downtrend line and 50.00 resistance level. RSI and a candlestick pattern confirm price reversal. We have sell opportunity. Pending orders should be placed below 48.30 level. Stop orders must be above 50.50 level. Profit targets are 47.00 and 45.00 support levels.
CommoditiesOilSupport and ResistanceTrend AnalysisTrend LinesWTI

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