Continued growth of WTI. H4 17.09.2024
Updated
Continued growth of WTI
Oil rebounded from important support in the region of 65
and started to grow, I believe medium-term.
I do not exclude intermediate corrections, but in general
we aim at the area of 73 and there I will be specified.
On the way of growth we have resistance in the area of 71.50
and from there we can bounce down locally. But I believe that
then we will continue the growth to the specified targets.
Oil rebounded from important support in the region of 65
and started to grow, I believe medium-term.
I do not exclude intermediate corrections, but in general
we aim at the area of 73 and there I will be specified.
On the way of growth we have resistance in the area of 71.50
and from there we can bounce down locally. But I believe that
then we will continue the growth to the specified targets.
Trade active
Beautiful workout of WTI trade recommendation
On oil in the last post both on the open channel and clarified in the private channel , our priority for growth remained relevant and 1/2 of the margin at 68.70 worked out beautifully. The price continues to rise and now I am targeting the area of the new margin at 74.70. On the way there will also be resistance in the form of trend line and other levels, so if they make a local culmination, I will fix buys earlier.
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