Where the WTX prices are heading?

Resistance 1 is at $89.02 from where price will take a bit downside slide ($82 - $80) and then can proceed further to the target $93.43 There are two paths as indicated buy blue and green pathways. Market can behave differently but I am describing, what I am seeing.

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Price has reached its first Resistance. Let's see what's next.

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If the WTI PRICE closes below $90.70 Then expect further decline to $85 next week.

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Otherwise expect $93

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After touching 93.94 prices fall to our expected target of $80-82 and hence we ended up with a successfull trade.

taranquilo

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taranquilo