With Growing Optimism, OIL May Hit Upper Channel Before Pullback

٩ يناير ٢٠٢١

With the growing bullish sentiments in the world oil market, price of WTI may hit the upper channel of the bullish wedge before there could possibly be a pullback against our earlier outlook on the commodity (as predicted last week, shown below). Also we have reviewed our target price from 67 to 73.

N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades