WTIOIL: BEARS ON TOP
Recently WTI OIL is trading below its trend line as well as above its support price 99, price is under EMA 10. There is lack of transparency in the direction. The is a bit conjuction in signals from indicators. No trade is currently recommended. If one have opened a fresh long position than strictly keep stop loss at 92 and for the short holder 99 is stop loss.
WTI must give its breakout either side to clarify the trend..
WTI must give its breakout either side to clarify the trend..
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