"Hello traders, focusing on WTI, the price is currently at a critical level of $62.
Candle formations on high time frames indicate a higher probability of the price declining to $53.
Given the influence of political and geopolitical news, there may be increased volatility in the price. This analysis will be updated accordingly."
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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.