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WTI Crude Oil: Outlook From December 17 - February 28th

Published 12/17/2018, 01:12 AM
Updated 07/09/2023, 06:31 AM

On analysis of the movements of WTI Crude Oil futures, I find that the gap-up opening is evident enough for beginning of a roller-coster ride for WTI Crude Oil futures ahead. If the WTI Crude Oil futures maintain this gap for next four hours, bulls will find enough reasons to bounce. Let's have a look at the movements of WTI Crude Oil futures in the following charts.
WTI Crude Oil Futures Daily Chart - Expected Trading Zones From December 17th - February 28th

WTI Crude Oil Futures 4 Hr. Chart - Expected Trading Zones

WTI Crude Oil Futures 1 Hr. Chart - Expected Trading Zones

Disclaimer: This analysis is only for educational purpose. Readers are requested to take their position at their own risk.

Latest comments

I do not understand your analysis. Whenever you publish an analysis crude start falling....
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