CRUDE OIL (#WTI): Potential Situations Defined 🛢
⚠️WTI Oil is at the moment caught on a key day by day resistance.
Relying on the worth response to that, I see 2 potential situations.
Bullish Situation
If the market breaks and closes above 102.5 stage on a day by day,
it’s going to verify a breakout of the underlined resistance.
With a excessive likelihood, the market will proceed rising then.
Bearish Situation
I see an intraday consolidation on a 4H timeframe.
A bearish breakout of its assist and a 4H candle shut beneath 100.2
will verify a retracement.
Because the oil market is closely manipulated, each situations are doable.
—————————
Each day/4H time frames
My Consultants:
✔️ Auric Move MT5©: https://www.mql5.com/en/market/product/168383
✔️ Auric Move MT4©: https://www.mql5.com/en/market/product/168377
Indicators:
✔️ Divergence Dashboard MT5©: https://www.mql5.com/en/market/product/166179
✔️ Divergence Dashboard MT4©: https://www.mql5.com/en/market/product/166178
✔️ Aero Pulse Dashboard MT5©: https://www.mql5.com/en/market/product/166171
✔️ Aero Pulse Dashboard MT4©: https://www.mql5.com/en/market/product/166047
✔️ Volumatic VIDYA Dashboard MT5©: https://www.mql5.com/en/market/product/166955
✔️ Volumatic VIDYA Dashboard MT4©: https://www.mql5.com/en/market/product/166949
