"WTI Crude Oil – Bullish Bounce from Demand Zone? "🔵 . Demand Zone:
⬇️ 60.53 – 59.71
This is the buy zone where bulls are likely to step in!
Price is currently testing this area. Watch closely!
🛑 . Stop Loss (Risk Zone):
📉 Below 59.66
If price falls below here, exit the trade – demand has failed.
🎯 . Target Point:
🚀 63.85
This is the take profit zone. A successful bounce could reach this level!
🟠 . EMA (9-period DEMA):
📉 Currently around 60.86
Price is slightly below EMA, showing short-term bearish pressure.
🟢 . Trade Idea Summary:
• Enter near the blue demand zone
• SL below 🔴 59.66
• TP at 🎯 63.85
• R:R ratio looks favorable (low risk, high reward)
Outlook:
As long as price holds above the demand zone, this setup remains bullish 📈
Let’s see if the bulls can push it to that 63.85 target! 🚀💰
