AlirezaHajian

WTI Oil index trend analysis

Long
BLACKBULL:WTI   WTI Light Crude Oil
For the WTI index, we see a strong support of $65-68. Due to the positive divergence with the power oscillator at this floor, it can have a growth up to $76 and then have a correction up to the $70 band. According to the February period, it can grow to the level of 80-82 dollars and will move towards 89 dollars in a higher time period.

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