WTIUSD: Bullish Push to 85?

Jun 19

As the previous analysis worked exactly as predicted, WTI is eyeing a bullish continuation on the 4-hour chart, with price rebounding from support after recent consolidation, converging with a potential entry zone that could ignite upside momentum if buyers defend amid volatility. This setup suggests a rally opportunity in the current structure, targeting higher resistance levels with approximately 1:2.5 risk-reward.🔥

Entry between 75–76.5 (entry from current price with proper risk management is recommended). Target at 85. Set a stop loss at a daily close below 73, yielding a risk-reward ratio of approximately 1:2.5. Monitor for confirmation via a bullish candle close above entry with rising volume, leveraging oil's sensitivity to supply dynamics.🌟

Fundamentally, recent developments in Iran-US negotiations, including tentative agreements regarding the Strait of Hormuz, have the potential to gradually ease supply disruptions if implemented. However, any delays or breakdowns in talks could maintain the geopolitical risk premium supporting oil prices.

📝 Trade Setup

🎯 Entry (Long):
75.0 – 76.5
(Entry from current price is valid with proper risk & position sizing.)

🎯 Target:
• 85.0

❌ Stop Loss:
• Daily close below 73.0

⚖️ Risk-to-Reward:
• ~ 1:2.5

Important warning: This position has a very high value. Be sure to enter with appropriate volume and careful capital management and use high leverage. 💡

💡 Does WTIUSD use the 75.0–76.5 support zone as a launchpad toward 85.0, or do you expect another consolidation phase before the next bullish impulse higher? 👇

Jun 22

Trade active

The position was activated.

It has high risk. Be care!

Jun 22

Note

Close your position at entry point.
This position was cancelled.