WTI/USD on high time frame


"Hello traders, I am focusing on oil in the high timeframe. Oil, being a critical commodity, is heavily influenced by global political situations. Observing institutional orders, I anticipate that the price could potentially rise above $75 on the weekly and monthly charts. This week, due to low market liquidity caused by the holiday period, it is advisable to closely monitor the price for further analysis post-holidays."
Beyond Technical AnalysisFundamental AnalysisOiloilpriceTrend Analysiswticrudewtioillong

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