WTI Idea

13 de jul. de 2019

The crude oil is currently in a very important resistance zone, and we see an indecision candle. If it can't pass its current level, we expect two possible pullback scenarios, (one is around 38.2% fib level, and another is around 68.1% fib level). As the political tension between the US and Iran has been high in recent months, we expect that the price will soon break its triangle.