WTI oil is traded within the bull market zone (see additionally  “Fundamental Analysis and Recommendations”)


Therefore, the decline to the assist ranges 69.02, 68.00, 66.35, 64.00 supplies a possibility to construct up lengthy positions. 

A breakdown of the native resistance stage 70.78 (the utmost of this week and month) will change into a affirmation sign for additional value progress.

Help ranges: 70.00, 69.02, 68.00, 66.35, 64.00, 61.75, 60.61, 58.70, 56.00, 52.00

Resistance ranges: 70.78, 71.00, 73.00, 77.00

 

Buying and selling suggestions

Promote Cease 69.60. Cease-Loss 70.80. Take-Revenue 69.02, 68.00, 66.35, 64.00, 61.75, 60.61, 58.70, 56.00, 52.00

Purchase Cease 70.80. Cease-Loss 69.60. Take-Revenue 71.00, 72.00, 73.00, 77.00

*) WTI:  Current Fundamental Analysis and Market Expectations

**) essentially the most up-to-date “scorching” analytics and buying and selling suggestions (together with entries into trades “by-the-market”) – https://t.me/fxrealtrading

***) trade! invite partners! earn!

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