WTI is oscillating between two key trend lines, and after hunting liquidity under the last bullish leg, another upward move is possible. This setup presents buy opportunities on lower time frames, and I’ll update this idea accordingly.Additionally, oil remains within a broader trading range, reacting precisely to the mid-zone, which has previously acted as dynamic support. This level could push prices higher in the short term.
📈 Watch for potential bullish setups and follow for timely updates!
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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.