WTI CRUDE OIL Testing critical Support (formerly a Resistance).
The WTI Crude Oil is on the 1day MA100, a level that was formerly a Resistance since deep into 2022.
This is the first time it is being tested as a Support in such a long time.
Holding it will retest the 1day MA200.
If it breaks along with the 1day MA50, target the Rising Support at 70.00.
Previous chart:
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This is the first time it is being tested as a Support in such a long time.
Holding it will retest the 1day MA200.
If it breaks along with the 1day MA50, target the Rising Support at 70.00.
Previous chart:
Follow us, like the idea and leave a comment below!!
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