Hi traders, The WTI stands at important POC zone. The confluence should provide the market with either renewed selling or a bullish breakout Strong
Hi traders,
The WTI stands at important POC zone. The confluence should provide the market with either renewed selling or a bullish breakout
Strong confluence of W H3, 2/8 Murrey Math, and bearish order block within the 52.30-53.15 zone should be decisive for the pair. A reversal from the zone should provide additional bearish momentum towards 50.00, a strong psychological level all the way towards 46.50 zone. However a close above 53.15 would suggest a stronger bullish retracement towards 54.69 with 57.80 as the final target. So its either make it or break it for the WTI.
For more daily wave analysis and updates, sign-up up to our ecs.LIVE channel.
Many green pips,
Nenad Kerkez aka Tarantula FX Elite CurrenSea
