WTI Price Analysis: Bullish H&S in the making on daily chart Oil WTI Commodities
ended higher on Wednesday as a report showed an unexpected drop in US inventories while China's imports rose last month. Nevertheless, the bulls remain in good stead as per the following technical analysis:across to see the impulse correction and what could now be another bullish impulse in the making, we can see that the market is supported at a 61.8% Fibonacci retracement level. This too is bullish.
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