WTI OIL Targeting $65 Short

WTI CRUDE OILTVC

Description

⋅ Jan 10, 2023 8:28 PM

There are 3 confluence factors that point to the $65 target:

- 161.8% zigzag extension
- 50% pullback
- strong support acting as a price magnet

I´ll only reconsider this scenario if price breaks above $93.

Comments

TradingBrokersView

⋅ Jan 12, 2023 8:44 AM

Good look at the market. We are posting ours for comparison purposes: