From TradingView · · 30s
WTI Oil Buy-Stops Above $100.7
Forexupgo predicts WTI oil will sweep buy-stops above $100.7 before targeting $102.9.
In brief
Forexupgo predicts WTI oil will sweep buy-stops above $100.7 before targeting $102.9. Forexupgo expects WTI oil to sweep buy-stops above $100.7, then reach $102.9 this week. Originally reported by TradingView.
WTI Oil Buy-Stops
Forexupgo expects WTI oil to sweep buy-stops above $100.7 before targeting $102.9 this week.
Bull Case Trigger
Sweep 100.7, retest as support, then daily close above it for target $102.9.
Bear Case Trigger
Sweep 100.7 and close below it, followed by 4H MSS for target $95.2.
The bottom line
Forexupgo expects WTI oil to sweep buy-stops above $100.7, then reach $102.9 this week.
