Hey traders,
WTI Crude Oil is approaching a solid demand area.
To catch a bullish move from that, watch the reaction of the price to the resistance line of a falling parallel channel.
If the price breaks and closes above that, we will expect a bullish movement at least to 104.5 level.
Alternatively, bearish violation of the yellow zone will trigger a further decline.
Good luck next week, traders!
â€ïžIf you have any questions, please, ask me in the comment section.
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