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WTI Oil Technical: Continuation of Potential Impulsive Up Move Within a Major Uptrend

WTI Oil Technical: Continuation of Potential Impulsive Up Move Within a Major Uptrend
The recent minor corrective pull-back of -4.7% from its 19 September 2023 high of US$93.05 is likely to have ended. Bullish reversal candlestick, a daily “Hammer” sighted after a retest on its upward-sloping 20-day moving average. Key short-term support to watch will be at US$90.30, the pull-back of the former minor “pennant” range resistance. West […] The post WTI Oil Technical: Continuation of Potential Impulsive Up Move Within a Major Uptrend appeared first on Action Forex... Read More
Posted: Sep 27 2023, 07:13
Author Name: actionforex
Views: 112541

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