WTI - Is forming a good-looking triangle pattern with a complete range June 10-12, if completed we are looking for a
10
upwards movement till May 24-26 and a
4
correction to
82
levels before the conclusion of the figure. This strictly technical analysis requires some push and there is only one player that can possibly play that card and this is OPEC+. We are currently standing around the previous levels when OPEC+ held a meeting over the weekend and we witnessed a
5
opening gap on the 3rd of April.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
10
upwards movement till May 24-26 and a
4
correction to
82
levels before the conclusion of the figure. This strictly technical analysis requires some push and there is only one player that can possibly play that card and this is OPEC+. We are currently standing around the previous levels when OPEC+ held a meeting over the weekend and we witnessed a
5
opening gap on the 3rd of April. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.