VasilyTrader

CRUDE OIL (WTI) Structure Analysis & Key Levels

Kort
FX:USOIL   CFDs på råolja (WTI)

Crude oil lost almost 10% from the 26th of August.
clearly, 43.5 is our new key daily structure and currently, it is the closest strong resistance.

the closest support is quite far.
34.4 - 36.2 is the first strong support based on this year's price action.

the next support is lying within 27.1 - 28.7 also based on this year's price action.

we will look for trading opportunities from these key levels once they will be reached.

p.s remember that it is a conditional trading plan.
I am not predicting a bearish breakout, but give you a plan on how to act if it happens.

good luck and have a great weekend.

✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel www.youtube.com/c/VasilyTrader

💰Instagram: www.instagram.com/VasilyTrader/ 💰

✅Facebook: www.facebook.com/VasilyTrading/
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.