Oil prices are attempting a fifth weekly rally with the immediate focus on a breakout of a multi-month price range. Levels that matter on the WTI weekly technical chart.
Oil plunged more than 6% this week with crude continuing to contract within a massive consolidation range. The technical levels that matter on the WTI weekly chart.
Oil prices have plunged 27% off the highs and the correction may yet drill deeper in the days ahead. The technical trade levels that matter on the WTI weekly chart.
Oil prices may have exhausted this week with WTI marking the largest weekly loss since November. The technical trade levels that matter on the Crude weekly chart.
Oil prices have exploded amid the Russian invasion of Ukraine- a technical breakout of the uptrend risks a run on the highs. The levels that matter on the weekly chart.