USDWTI - U. S. Dollar / WTI Crude Oil

Long

U.S. DOLLAR / WTI CRUDE OIL (FX_IDC:USDWTI)

Updated

FX_IDC:USDWTI U.S. DOLLAR / WTI CRUDE OIL

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Let us have a look at USDWTI Crude Oil Chart Daily chart shows crude oil trading in the ascending triangle. WTI Crude Brake and sustain above 67 levels we can see the higher levels towards 74.25 levels which offers a very good risk reward as one can keep stop loss below 64 levels. From the weekly charts you can observe the WTI Crude Break Out already happened above 64.36 levels and on weekly charts flag and pole formation also seen so all in all WTI Crude is showing strength so one can think of buying crude oil.
Only for Educational Purpose

Comment:

So far WTI Crude Oil hit a high of 72.81 as on 15.06.2021.

Comment:

WTI Crude Oil hits all the levels as mentioned and now trading above 75

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