WTI Crude Looks Ready For Reversal

 | Oct 22, 2018 12:46PM ET

I find WTI crude oil futures look ready for a good reversal after taking support at the current levels. No doubt that growing demand for crude amid different noises will encourage crude bulls to go long from the current levels. I’ve found the following trading zones for WTI crude oil futures for the week of October 22, 2018. Let’s have a look at the position of crude oil futures in the following charts.