CRUDE OIL (WTI) Your Trading Plan For Next Week🛢

٢٤ يوليو ٢٠٢٢

Hey traders,

WTI Crude Oil is approaching a solid demand area.
To catch a bullish move from that, watch the reaction of the price to the resistance line of a falling parallel channel.
If the price breaks and closes above that, we will expect a bullish movement at least to 104.5 level.

Alternatively, bearish violation of the yellow zone will trigger a further decline.

Good luck next week, traders!

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٢٥ يوليو ٢٠٢٢

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