Price broke out of bearish channel, reached weekly strong level, formed head and shoulder pattern, what more confluence do you want?
We are anticipating that the dollar strengthens as we have more jobs created in the US
NFP anticipation. We are expecting that the dollar strengthens because of new jobs being created.
A further push to the upside to complete 90% of the chart pattern is anticipated.
A further push to the upside is anticipated, we are going for 90% of the chart pattern.
WTI has been heavily impacted by fundamentals, use of technical analysis helps with overall target.
