Phola_86

Phola_86 Dec 16, 2024

1. Rising Wedge Pattern: A rising wedge has been detected, which is a bearish reversal pattern. This typically signals a potential price breakdown. The wedge resistance aligns near 71.00–72.00, indicating a potential cap. 2. Key Zones: Premium Zone: Around 70.80–71.00, where sellers have shown dominance previously. Equilibrium: Price around 68.90 marks a fair...

Phola_86 Dec 15, 2024

The Crude Oil (WTI) across different timeframes (1W, 1D, 1H) show various price levels, supply-demand zones, and indicators. Let me provide you with an analysis and strategy to interpret the data and act on the price movements: 1. Weekly Chart (1W) Key Observations: The chart shows a range between discount and premium zones. The price is currently consolidating...