WTI Crude Oil (A strong pin bar is spotted!)
View On WTI (4 May 2023)
WTI is in
* Downtrend in short term (Intraweek)
* Downtrend in Mid term (Intramonth)
* Downtrend in Long term (Last 3 months)
Crude Oil had a very bearish condition recently.
It went from $82 to $65 in the matter of days.
But yesterday we had a strong reversal with and it managed to climb above $68.
We may see $73 region soon. but please do not go in with the big lot size.
We need more confirmation as well.
Let's see.
DYODD, all the best and read the disclaimer too.
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Thank You!
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