Wednesday 20 July 2022

WTI Light Crude Trade: Great rebound from $91 support zone, now fighting a key resistance zone at $104!

WTI Light Crude Trade: Great rebound from $91 support zone, now fighting a key resistance zone at $104! Great trade as WTI rebounded from the 91.28 cloud chart support zone! Now fighting resistance zone at the bottom end of the cloud chart level of 104.76! Testing support at front cloud support zone 102.48 with bottom end of the cloud as the next major resistance zones of 107.14/108.28 if WTI can break past 104.76 resistance level! WTI not out the woods yet since price action is below the cloud.

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