WTI CRUDE OIL

WTI CRUDE OIL

We are likely to see a strong breakout on crude oil in the following days/weeks. Strong resistance is at $97 levels. Downward sloping trend line which acts as strong resistance was tested for five times over the past one year. Breakout from the short/medium-term symmetrical triangle will push prices higher towards $104. This is one of the important charts to follow in the following days/weeks.