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ThemasterFxIdea
May 13, 2022 10:09 AM

Crude Oil on the M30 time-frame Long

WTI CRUDE OILTVC

Description

Crude Oil (WTI) may rise to 108.10 - 108.70

Our preference
Long positions above 106.30 with targets at 108.10 & 108.70 in extension.

Alternative scenario
Below 106.30 look for further downside with 105.10 & 103.80 as targets.

Comment
The break above 106.30 is a positive signal that has opened a path to 108.10.
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