14 Mar 2019
WTI Technical Analysis: Ichimoku Cloud is bullish, double tops broken, eyes on $60.00bbls
- The price is now testing the territory on the 58 handle, breaking the double-top highs.
- Bulls look to higher grounds while holding above the $57.93bbls and the horizontal prior resistance line going back to mid-Nov 2018.
- Bulls can target 59.70 and then the 61.8% Fibo of the Oct 2018 sell-off to late Dec lows at 63.7%.
- Ichimoku Cloud criteria is bullish.
