Crude Oil (WTI): Key Levels to Watch
Contemplating this bullish rally on WTI,
here are the major key level to watch for pullbacks.
77.0 - is the structure resistance that went broken this week.
Now it turned into a support
91.0 is a minor monthly/weekly resistance.
The price may retrace from that.
107.0 - 115.0 is a major monthly resistance cluster.
A strong bearish reaction will be expected from that.
Be prepared for a bullish continuation.
Try to catch it on an occasional pullback.