WTI getting ready for nap

٢٠ مايو ٢٠٢٠

WTI has had an explosive run the past few weeks. It will continue but a breather is needed. 618 fib and top of the BB will provide formidable resistance. Looking for retrace to the .5 or .382 demand zone.

٢٢ مايو ٢٠٢٠

ملاحظة

Great place to take some profit! 31.10 is strong support. We might bounce up into the right shoulder of a H and S.