WTI might slowdown for a couple of months.
Asset potentially may form a H&S pattern for a long time.
I am following $64 as support, $84 as resistance and expect fluactuation within this zone for a medium term.
Any weekly close above $84 or below $64 signals the trends direction. I will not call the trend is upwards anymore for WTI, although it is still eary a little.
I still expect a further release towards $64 zone.
Asset potentially may form a H&S pattern for a long time.
I am following $64 as support, $84 as resistance and expect fluactuation within this zone for a medium term.
Any weekly close above $84 or below $64 signals the trends direction. I will not call the trend is upwards anymore for WTI, although it is still eary a little.
I still expect a further release towards $64 zone.