WTI Crude Oil (There may be some pullbacks But)

Updated View On WTI Oil (18 Apr 2019)


Back Ground: Oil is in a strong trend and it is very likely to go UP higher. The medium-term tgt is $68.8 region.
If you want good entries, 62 and 58.4 will be nice.


Target(s): UP 64.4 (TP1), 68(TP2)

SHTF: It will use 56 as strong support region.



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تعليق:

Update view on Crude Oil (3 May 2019)

PA is getting stronger on the BEAR side and $60 will be a decent TP level/strong support.

تعليق:

Update view on Crude Oil (7 May 2019)

It had revisited $60 support level as we mentioned in our 3rd May write up. I hope you took advantage of the info.

Now pay attention to 61.6 and 60 levels again. They have to act as strong support levels in order for the BULLs to survive.