West Texas Intermediate (WTI) crude oil prices have broken through a key symmetrical triangle support, signaling a bearish trend that could push the commodity lower. Technical analysis suggests the downward…
WTI Oil Price
-
-
WTI crude oil continues to experience a phase of consolidation, with price action confined within a symmetrical triangle pattern on its hourly chart. The commodity is testing key support levels…
-
WTI crude oil is trading within a descending triangle pattern, marked by lower highs and firm support at $66.85 per barrel on the hourly chart. The price hovers near the…
-
West Texas Intermediate (WTI), the benchmark for US crude oil, saw a modest uptick in price on Wednesday, trading around $68.75. This increase comes amid ongoing uncertainty surrounding the US…
-
West Texas Intermediate (WTI) crude oil prices are showing signs of downward momentum, with the commodity testing key resistance at the $70 per barrel mark. Currently, WTI is shifting focus…
-
WTI crude oil recently broke through the resistance of its descending triangle pattern, signaling the possibility of a rally. This breakout suggests a potential price movement of around $9, which…
-
West Texas Intermediate (WTI), the benchmark for US crude oil, hovered around $68.95 per barrel on Thursday, showing little movement as a mix of factors weighed on the market. A…
-
WTI crude oil prices have gained momentum following a rebound from the support zone around $66.85 per barrel. The price is now approaching a critical zone in the middle of…
-
West Texas Intermediate (WTI) oil prices are attempting to halt a four-day losing streak, currently trading around $77.40 per barrel during European trading hours on Wednesday. The decline in US…
-
WTI crude oil has breached key support levels in its descending triangle pattern, suggesting a potential downturn equivalent to the pattern’s height, spanning approximately $3 from $81 to $84 per…