WTI Price Analysis: Bulls and bears in a tight spot, breakout imminent Oil WTI DollarIndex
, the price has been building within a triangle and is now coiled in a tight range below $74.00 resistance. A break of structure oin the downside will needed to confirm a bearish bias.The 4-hour chart shows $72.00 as a key level as a structural point that meets the trendline support as well. Bears could well be encouraged at that juncture to commit to the move. Information on these pages contains forward-looking statements that involve risks and uncertainties.
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