TradingView
ifeanyichukwu_E
Jan 1, 2023 4:39 PM

WILL 2023 CAUSE PRICE OF OIL TO BE EXPENSIVE? Long

WTI CRUDE OILTVC

Description

To answer the question to my topic name...

From Technical Analysis, on the weekly Timeframe, price reacted from the Weekly Bullish OrderBlock
Notice the Daily Timframe, price took out multiple Sellside Liquidity and broke market to the upside. It also retested into the FVG and its heading for the Daily FVG

I have 2 targets on mind, first is the FVG and then if it continues to the upside, it can head to the Buyside Liquidity @ price 93.73
Comments
FrankiePippin
Are you looking for a retracement for a Buy?
ifeanyichukwu_E
@FrankiePippin Most likely a continuation to Tuesday's high
JoeChampion
Excellent view, keep us updated!
More