WTI is in a bearish trend, but on the daily timeframe, buyers are attempting to push against the bearish pressure at 65 and are facing immediate resistance at 63.792. Overall, the price has the potential to pulse and pull back into the bearish momentum.
We have two target support areas for a bias of 60.072–59.669, with a minor support level worth noting at 62.805.
Happy Trading,
Khiwe.
Not trading advice
We have two target support areas for a bias of 60.072–59.669, with a minor support level worth noting at 62.805.
Happy Trading,
Khiwe.
Not trading advice
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.