WTI oil: TRADING RECOMMENDATIONS – Analytics & Forecasts – 11 June 2021

WTI oil is traded within the bull market zone (see additionally  “Elementary Evaluation and Suggestions”)

Due to this fact, the decline to the assist ranges 69.02, 68.00, 66.35, 64.00 offers a possibility to construct up lengthy positions. 

A breakdown of the native resistance degree 70.78 (the utmost of this week and month) will change into a affirmation sign for additional worth progress.

Help ranges: 70.00, 69.02, 68.00, 66.35, 64.00, 61.75, 60.61, 58.70, 56.00, 52.00

Resistance ranges: 70.78, 71.00, 73.00, 77.00

 

Buying and selling suggestions

Promote Cease 69.60. Cease-Loss 70.80. Take-Revenue 69.02, 68.00, 66.35, 64.00, 61.75, 60.61, 58.70, 56.00, 52.00

Purchase Cease 70.80. Cease-Loss 69.60. Take-Revenue 71.00, 72.00, 73.00, 77.00

*) WTI:  Present Elementary Evaluation and Market Expectations

**) probably the most up-to-date “sizzling” analytics and buying and selling suggestions (together with entries into trades “by-the-market”) – https://t.me/fxrealtrading

***) commerce! invite companions! earn!

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