Tag: wti

WTI crude oil: ⬆️ Buy – WTI crude oil reversed from round support level 70.00 – Likely to rise to resistance level 78.00 WTI crude oil recently reversed from the round support level 70.00 coinciding with the upper trendline of the recently broken up channel from May. The downward reversal from the support level 70.00 […]

WTI: ⬆️ Buy – WTI reversed from support area – Likely to rise to resistance level 62.00 WTI crude oil recently reversed up from the strong support area between the support level 54.90 (which stopped wave 3 at the start of April) and the lower daily Bollinger Band. The upward reversal from this support area […]

WTI: ⬇️ Sell – WTI reversed from the resistance area – Likely to fall to support level 58.00 WTI crude oil recently reversed from the resistance area between the resistance level 64.60 (former multi-month low from September 2024), the 20-day moving average and the 61.8% Fibonacci correction of the downward impulse from the start of […]

WTI crude oil: ⬆️ Buy – WTI crude oil reversed from key support level 55,00 – Likely to rise to resistance level 65.00 WTI crude oil recently reversed up from the key support level 55,00 standing close to the lower daily and the weekly Bollinger Bands. The upward reversal from this support level created the […]

WTI: ⬇️ Sell – WTI broke the long-term support zone – Likely to fall to support level 55.00 WTI crude oil recently broke the long-term support zone set between the support levels 60.00 and 65.00. This support zone has stopped all downward corrections from the middle of 2021. The breakout of this support zone accelerated […]

• WTI broke key support level 82.90 • Likely to fall to support level 76.30 WTI recently broke the key support level 82.90 (which stopped the previous wave (B) from the middle of October), intersecting with the 61.8% Fibonacci correction of the upward ABC correction (B) from September. The breakout of the support level 82.90 […]

• WTI reversed from resistance 92.25 • Likely to fall to support level 82.90 WTI crude oil recently reversed down from the pivotal resistance 92.25 (previous monthly high and top of wave A from October) – intersecting with the upper daily Bollinger Band and the 38.2% Fibonacci correction of the downward impulse from June. The […]

• WTI broke resistance level 88.90 • Likely to rise to resistance level 95.00 WTI crude oil previously broke the resistance level 88.90 (former top of the minor correction (iv) from the start of September). The breakout of the resistance level 88.90 was preceded by the breakout of the resistance trendline from June and the […]

• WTI broke key support 81.25 • Likely to fall to support level 75.00 WTI crude oil falling after the price broke the key support level 81.25 (which previously formed the daily Hammer in January and also the daily Morning Star at the start of September). The breakout of the support level 81.25 coincided with […]

• WTI reversed from key support level 85.00 • Likely to fall to resistance level 90.00 WTI crude oil recently reversed up from the key support level 85.00 (former multi-month high from October of 2021), intersecting with the 61.8% Fibonacci correction of the upward impulse from December. The upward reversal from the support level 85.00 […]