West Texas Oil

WTI on high time frame

110

"Hello traders, focusing on WTI crude oil, the price surged to $78 but sharply retreated to the $65 zone. Over the last five days, the price has consolidated. I believe that the signals from the recent 4-hour candle suggest a potential move towards higher prices, with the next target possibly being around $72. I will be monitoring the price action around $72 closely for a potential rejection or continuation towards even higher prices."

If you need further assistance or have additional insights to share, feel free to let me know.

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