OIL Shortpresence of resistance at recent highs could lead to consolidation or a pullback in the short term. Traders should watch for a break above these resistance levels or a decline below key support levels to confirm the next directional move.
Wtiusdanalysis
WTI sideways opportunity 12June2023WTI OIL
Is there an opportunity?
looking at the market structure in the last few weeks there has been a sideways with a fairly high distance.
WTIUSD| Monthly BiasOverall bias on WTIUSD / Us oil.
Expecting price to trade higher into a premium PD-array and after that sell off into the sellside liquidity below on the overall
