WTI Crude is in recovery from its low of 42 last December 2018. Target of 54.5~55 is up ahead.
We will be waiting for a double bottom at the lows 43~42 for the buyers to have a solid support to push prices higher.
Bullish Scenario, with targets at 54.5 to 55
Bearish Scenario, with targets at 42.64.
Disclaimer: Technical Projections are not to be treated as financial advice but solely for educational purposes only.
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