WTI Oil continues to rise

Hello everyone,

WTI Oil 4H NEW FORECAST

The price is anticipated to continue its bullish trend towards 80.98, after which it is expected to commence a downward movement upon stabilizing below this threshold.

A reversal below 80.03would likely confirm the continuation of a bearish trend, targeting levels of 79.22 and 78.60.

Pivot Line : 80.03
Resistance Line : 80.98 , 81.65 , 82.32
Support Line : 79.22 , 78.60 , 77.98