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DNP-FX

OIL 18th MAY 2022

Long
US WTI Crude (Spot) (XTIUSD) (FXOPEN:XTIUSD)  
DNP-FX  
FXOPEN:XTIUSD   US WTI Crude (Spot) (XTIUSD)
Trend Analysis Chart Patterns Crude Oil WTI xtiusd wticrude Oil WTI xti
6
2
trendanalysis chartpattern usoil xtiusd wticrude oil wti xti
Based on chart pattern analysis XTIUSD is currently forming a symmetrical triangle pattern, the price broke out above the resistance area, then retested. the price tends to be bullish going forward. Bullish target is up to 115.30 , stop loss if the price returns to the symmetrical triangle area.

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