WTI Oil surrounding resistance
Hello everyone,
WTI Oil 4H NEW FORECAST
The price has breached the resistance zone and continues its upward trajectory, aiming to reach 80.40 . We anticipate a minor correction to 79.60 before the price ascends further towards 80.40 , and potentially beyond to 81.03.
Conversely, a consolidation below the levels of 79.60 could indicate a downward movement towards 78.83 and 77.65.
Between support 78.83 and resistance 80.40
WTI Oil 4H NEW FORECAST
The price has breached the resistance zone and continues its upward trajectory, aiming to reach 80.40 . We anticipate a minor correction to 79.60 before the price ascends further towards 80.40 , and potentially beyond to 81.03.
Conversely, a consolidation below the levels of 79.60 could indicate a downward movement towards 78.83 and 77.65.
Between support 78.83 and resistance 80.40
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