Description
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WTI Crude Oil looks quite overbought at the moment.
The price may retrace before it goes to the next highs.
Here are key zones to watch for potential buying:
- Support 1:
77.1 - 79.2 zone
- Support 2:
72.9 - 74.8 zone
Let the price reach one of these zones first,
then look for a confirmation on lower time frames to buy.
In case of a bullish continuation,
the next resistance will be 89.5 - 91.0 level.
From that zone, a pullback will be expected.
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