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Crude Oil (WTI) may fall 0.5 - 0.5 pips



Our preference

short positions below 70.90 with targets at 69.55 & 69.00 in extension.

Alternative scenario

above 70.90 look for further upside with 71.35 & 72.10 as targets.

Comment

the RSI advocates for further decline.

 
 
 

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Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose. All information is for educational purposes.

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