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TheMotivationalProfessor
Mar 17, 2024 11:47 AM

Crude Oil (WTI) at Resistance 

WTI CRUDE OILTVC

Description

Crude oil is currently facing resistance on a 1-hour time frame.

We've established an upper and lower zone for trading.

On the weekly candle from last week, the price closed above the previous week's level, which indicates a possible uptrend towards higher levels around 83.

If there is a significant gap in the price on Sunday, we should watch for how the price reacts at these levels before closing the gap.

I'd appreciate your thoughts on this.

Comments
g_counter
Sound analysis.... supported
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