Crude Oil (WTI) at Resistance
Crude oil is currently facing resistance on a 1-hour time frame.
We've established an upper and lower zone for trading.
On the weekly candle from last week, the price closed above the previous week's level, which indicates a possible uptrend towards higher levels around 83.
If there is a significant gap in the price on Sunday, we should watch for how the price reacts at these levels before closing the gap.
I'd appreciate your thoughts on this.
We've established an upper and lower zone for trading.
On the weekly candle from last week, the price closed above the previous week's level, which indicates a possible uptrend towards higher levels around 83.
If there is a significant gap in the price on Sunday, we should watch for how the price reacts at these levels before closing the gap.
I'd appreciate your thoughts on this.
Unite. Learn. Succeed.
Armando
"The Professor"
Armando
"The Professor"