Tag: wti

Mar 02
WTI Wave Analysis – 2 March, 2022

• WTI broke resistance zone• Likely to rise to resistance level 110.00 WTI crude oil recently broke the resistance zone lying between the powerful round resistance level 100.00 and the resistance trendline of of the daily up channel from the middle of December. The breakout of this resistance zone accelerated the active short-term impulse wave […]

Feb 18
WTI Wave Analysis – 18 February, 2022

• WTI broke round support level 90.00 • Likely to fall to support level 86.00 WTI crude oil recently broke the round support level 90.00, intersecting with the support trendline of the daily up channel from December and the 38.2% Fibonacci correction of the previous upward impulse from January. The breakout of the support level […]