WTI Poised for Upside: Key Levels to Watch
Hello,
WTI is positioned for potential further upside! Sellers seem confident that the current move is the extent of it and expect a downturn from here. However, the short-term trend remains bullish, while the long-term outlook is neutral to slightly bearish. Market sentiment currently favors a continuation of the bullish trend. The 1M PP has acted as support, triggering the recent rally. For continued upside towards the 1Y PP, a move above 74.688 and a sustained break above it are needed to confirm further bullish momentum.
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
WTI is positioned for potential further upside! Sellers seem confident that the current move is the extent of it and expect a downturn from here. However, the short-term trend remains bullish, while the long-term outlook is neutral to slightly bearish. Market sentiment currently favors a continuation of the bullish trend. The 1M PP has acted as support, triggering the recent rally. For continued upside towards the 1Y PP, a move above 74.688 and a sustained break above it are needed to confirm further bullish momentum. No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.