CFDs on WTI Crude Oil
ืœื•ื ื’

๐Ÿ›ข๏ธUSOIL Rises To Resistance Zone๐Ÿ›ข๏ธ

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๐Ÿ›ข๏ธUSOIL Rises To Resistance Zone.

๐Ÿ›ข๏ธOil continues its upward trend from the establishment of a bottom on December 9 at the level of $70.

๐Ÿ›ข๏ธLooking at the technical environment, it seems very likely to me that the increases will continue to the area around $84 where there is a resistance zone determined by the level of 0.236 of the entire downward wave from the post-breakout peak.

๐Ÿ›ข๏ธThe support zone I have determined around $78 where the price has repeatedly respected this price level.

๐Ÿ›ข๏ธThe scenario I'm playing out is a continuation of growth to reach the resistance zone. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.

๐Ÿ›ข๏ธ*Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.

๐Ÿš€If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.๐Ÿš€

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