CRUDE OIL (WTI): KEY HISTORICAL LEVELS Short

Crude Oil (WTI)FXCM

Description

⋅ Mar 18, 2020 11:22 AM

Oil prices are burning like bitcoin from 20k.

here I have gathered for you key historical levels on WTI:

25.0 - current prices
21.0 - key level during the '90s
17.2 - 2001's low
13.8 - 1994's low
10.5 - 1998's low

take into consideration that we have an almost perfect 4$ range between key levels.

I don't know how far it is gonna go but I hope that this would help!

good luck!

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Comment

⋅ Mar 19, 2020 7:59 AM

Thank you for supporting the post!

Comments

Kul_MK_UK

⋅ Mar 30, 2020 1:06 PM

Thanks a lot! This helps. Brilliant work!!

Dave-FX-Hunter

⋅ Mar 19, 2020 7:58 AM

Nice analysis, check my

nsheikh76

⋅ Mar 19, 2020 2:30 PM

@DaweFXHunter,
Beautifully done my Hunter!

siya_south

⋅ Mar 18, 2020 11:25 PM

thanks for the levels mate

VasilyTrader

⋅ Mar 19, 2020 5:22 AM

@siyasmanga, welcome bro!

kduah2

⋅ Mar 18, 2020 7:15 PM

Your analysis is on the WTI is spot on. Thanks for sharing.

VasilyTrader

⋅ Mar 19, 2020 5:22 AM

@kduah2, welcome!!!

ksleepwalker

⋅ Mar 18, 2020 3:55 PM

I think there's an opportunity to go long between 14-18, need to hold for about a year though. Don't see recovery before Q3-Q4

VasilyTrader

⋅ Mar 19, 2020 5:23 AM

@ksleepwalker, good thoughts !!!!

mr_kosovskiy

⋅ Mar 18, 2020 3:08 PM

interesting concept
come on my page