Wednesday 17 April 2019

WTI Light Crude getting close to cloud resistance: 65.84!

WTI Light Crude getting close to cloud chart resistance of 65.84, at the bottom end of the cloud. This comes after more than a 40% rally since rebounding from old cloud chart support levels of 45.15/43.80!

Need to see a breakout past this level, and then the next upside resistance target is 70.78! but consolidation risk remain high at these levels!


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