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WTI double bottom touch point on 4H, ascend on queue...
WTI Light Crude Oil
Long
WTI double bottom touch point on 4H, ascend on queue...
By JSAL
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Apr 27, 2023
2
Apr 27, 2023
OIL just created a double bottom touch point on 4H data -- conveying a strong order block support at the current levels.
It is currently attempting to reverse to the upside, and may retest its previous peak at 80 levels soon.
Accumulation at the current price has started and a 4H higher lows has been created -- suggesting a shifting trend.
Spotted at 74.00
TAYOR.
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