WTI Crude Oil achieves the new target

The price of oil continues to fluctuate around the 77.83 level, waiting for a break of this level to confirm the rush towards our next targets, which start at 75.49 and extend to 73.80 as the next main stations, keeping in mind that the continuation of the bearish wave depends on stability below the 79.18 level.

The general trend expected for today: bearish

Pivot Price: 76.83
Resistance Prices: 79.18 & 80.80& 82.74
support price: 75.49 & 73.80 & 72.12


Chart PatternsHarmonic PatternsTrend AnalysisCrude Oil WTIusoilshortwtioil

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