AhFarouk

USOIL (03/03/22) - Expectations Updates

Short
TVC:USOIL   CFDs on WTI Crude Oil
Yesterday's expectations had beed achieved today according to target levels assumed. The above chart is updated based on price fluctuations as all support and resistant utilities have been shifted upwards due to big market trend.

The price raise will continue also for today trying to penetrate the $115.xx level with two resistant points of minimum $106.3x.

Please do not forget the market downtrend conditions inside the supporting (green) zone as well as the transmission line between resistant (red) and support (green) zones.

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