WTI Crude Oil Eyes Bullish Swing Zone
Satendra Singh | Sep 23, 2017 09:50AM ET
WTI Crude Oil futures price seems to complete a “Bullish Flag” formation while maintaining its continuous sustenance since September 13th, 2017 in “Bullish Consolidation Zone” amid growing geopolitical concerns and massive destruction caused by Hurricanes and thereafter by high scale earthquake recently.
On analysis of the movement of WTI Crude Oil futures price on September 23rd, 2017 in the same chart pattern, which I noted in my last analysis on September 16th, 2017, I conclude that the WTI Crude Oil futures price seems ready to move inside the “Bullish Swing Zone” very soon. I present this formation and the current price position of WTI Crude Oil futures in the same expected propositional trading zone for the Week of September 24th, 2017. Opening price level on the first trading session of the Week will confirm the final directional move of the WTI Crude Oil futures price.
Have A Nice Trading Time. Good Luck!
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