WTI crude oil: Could it reach a new yearly high?
WTI Crude
WTI Crude JANUARY Future making a break above the November high at 4333 thismorning
Daily Analysis
WTI Crude beats 4325/35 for a move towards the continuation chart high of thisyears at 4365/78. Further gains retest the January contract September high at4400/15. A break higher retests important support at this year’s January contracthigh (in August) at 4450/60.
Strong support at 4335/15. A break below 4300 risks a slide to4270, perhaps as faras 4250/30. A buying opportunity at 4230/10 with stops below 4180.
Chart
Reprinted from FXStreet,the copyright all reserved by the original author.
Reprinted from FXStreet,the copyright all reserved by the original author.
Edited 24 Nov 2020, 17:58
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.