Crude Oil (WTI) may rise to 111.90 - 112.30
Our preference
Long positions above 110.30 with targets at 111.90 & 112.30 in extension.
Alternative scenario
Below 110.30 look for further downside with 109.30 & 108.60 as targets.
Comment
The RSI is mixed with a bullish bias.
Daily and weekly charts are also bullish.
Our preference
Long positions above 110.30 with targets at 111.90 & 112.30 in extension.
Alternative scenario
Below 110.30 look for further downside with 109.30 & 108.60 as targets.
Comment
The RSI is mixed with a bullish bias.
Daily and weekly charts are also bullish.
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.
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.