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ActuaryJ
Jan 24, 2024 8:20 AM

Wednesday: Crude oil in rising channel 

WTI CRUDE OILTVC

Description

The 1H/4H chart shows that crude oil broke out of the triangle pattern and is expected to continue rising.
During the day, we need to focus on the resistance at the previous high, focusing on the resistance near 75.30, and the support below is around 73.2.

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Only analyze the market, not predict the market. Provide gold/oil/forex signals

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crude oil(USOIL):now is 74.9
SELL:74.9~75.1
❌sl:75.5
✅tp:74.2~73.5
Quotation based on Tradingview

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EIA crude oil inventories are about to be released, we close crude oil trading

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If it breaks through the triangle pattern for a week, there is a high probability that it will break through and rise again later.
Comments
EMDE5
tnks for advice
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