Crude oil prices (WTI) are once again drawing attention with significant technical developments. Currently, WTI has just formed a Symmetrical Triangle pattern, a consolidation formation that often signals the continuation of the main trend.
The recent breakout from this consolidation area serves as a strong indication that prices are gearing up to move toward the previous resistance level, which now becomes the primary target area. This bullish momentum offers promising opportunities for traders who stay vigilant.
Trade Recommendation
Buy Entry : 70.35
Stop Loss : 68.45
Take Profit : 72.42
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