CRUDE OIL (WTI) Multi Time Frame Analysis & Technical Outlook 🛢

By VasilyTrader
Updated
snapshot

Hey traders,

Have you seen this bullish trend line breakout on WTI on a daily?

Moreover, the price broke intraday local horizontal consolidation area
confirming the strength of bulls.

Now the broken expanding area between range's resistance and major daily trend line composes the demand zone.
If you missed buying opportunity, that will be the area for you to buy from.

Next goal - 73.5

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brentCrude Oil Futures WTI (CL1!)Crude OilfuturesMultiple Time Frame AnalysisSupport and ResistanceTrend LinesCrude Oil WTIWTI
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