Technical Analysis
Posted 1 hour ago
WTI Crude Oil: Bulls Face Tough Resistance Above $78
WTI crude oil rallied above $76 and $78 levels, establishing a bullish trend line with critical support at $72.80 on the 4-hour chart. Price action remains constructive above this support zone, though overhead resistance presents a significant barrier for continued upside. Bulls must defend $72.80 to maintain the uptrend; failure risks deeper pullbacks.
Read full story on source
New to MyTradingLand?
Sign up now to get your own personalized timeline!
Join CommunityAlready have an account? Log in