This 15-minute chart of WTI Crude Oil (USOIL) highlights a key resistance zone, a center reversal area, and a support level. The price is currently trading around 66.79, with an upward momentum targeting 67.72. If the bullish trend continues, the price may break through the center reversal zone, heading towards resistance. Traders should watch for potential rejection or breakout signals around these levels.
Trade closed: target reached
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Related publications
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.