The chart may suggest a next move for US WTI Crude Oil Price. When the ongoing price correction which may lead to $80/bbl area satisfied market sentiment, price may start to enter a bull demand for crude oil.
The eventual short to medium term target may be to as high as $150/bbl, meanwhile sustain trading below $75/bbl destroy this scenario which may take crude price to much lower.
The eventual short to medium term target may be to as high as $150/bbl, meanwhile sustain trading below $75/bbl destroy this scenario which may take crude price to much lower.