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HomeTrading SignalOil Price - WTITechnical Analysis: Crude Oil price Today (WTI) EP 23 – 26th August,...

Technical Analysis: Crude Oil price Today (WTI) EP 23 – 26th August, 2024

Last week, crude oil price completed the bottom l1, ready for an upcoming upward momentum.

According to analysis, the price trend is likely to recover to the supportive convergence zone around 74.0.

The initial wave is almost complete, and a strong growth in oil prices is expected soon. Therefore, focus on buy orders and absolutely avoid entering the market with orders that go against the trend.

Discipline and management principles are a solid shield that protects us from the challenges and difficulties of the market.

Wishing investors smart and effective investment strategies. And stay tuned for the next crude oil price updates.

By. Pham Thanh Bien

Pham Thanh Bien
Pham Thanh Bienhttps://ebila.com
Mr. Pham Thanh Bien - Chairman of Vinmoc's Board of Directors, a self-made millionaire, with practical investment experience in the financial market since 2005. He is the person who shares and inspires thousands of investors in Vietnam.
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