WTI/USD: Technical Outlook
The price action has given a break out after the bullish divergence and printed the first higher high and higher low.
Buyers will remain in control above the neckline support.
Before forming a double bottom, we observed a bullish divergence.
The upside trend remains valid above 74.40
Stop Loss: 74.4
Entry Level: 76.95
Take Profit: 79.51
The price action has given a break out after the bullish divergence and printed the first higher high and higher low.
Buyers will remain in control above the neckline support.
Before forming a double bottom, we observed a bullish divergence.
The upside trend remains valid above 74.40
Stop Loss: 74.4
Entry Level: 76.95
Take Profit: 79.51