WTI CRUDE OIL SHIFTING ITS BASE
WTI crude oil Shifting up:
In Recent days global scenario is not stable and often we hear much chaos in red sea. Although price of crude oil did not shoot up due to this reason however creating a base below.
Since the price of the crude oil is stable at the current level looking at the chart we may soon prices may go up if any stimulation of the economy comes in highlight.
I am presuming that breaking out the triangle pattern can give a good price boom in the crude oil.
However keeping in mind the election year in most of powerful countries they would try to keep the price at lower range to woo public.
However shot position is not feasible to make any entry provide any bad news pops up.
Note: I am creating this sheet for learning purpose and make a data for myself. Any entry based on this will not create any liability on me and anyone/anything in concern with me.