WTI Bullish Set-up?

21 thg 7, 2022

WTI long-term blue channel.

White channel bounce off of $88.29 corresponding w/ blue midline, PT revisiting $110.

Looking for Stoch centerline reversal similar to Oct 2020.

Energy crisis tightening its grip, Europe under immense strain as US tries to prop up as Nordstream pipeline from Russia falling short of demand and Middle East at capacity.

If price falls <$88, invalidation of trend at $82 w/ a breakdown from the white ascending channel.

If breaks, target between $67 & $73.