Oil WTI Crude ( $60 will be defended)

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Updated View On WTI Oil (27 May 2019)


Back Ground: It did swing up to a strong support region of 56-58 and it had a bounce. I am expecting it shall slow downn the bear momentum for now.
It can swing up to $60 using the momentum but $60 shall be one tough level to break up.

Be very careful.

Target(s): Slight Bullish $60 (TP1)

SHTF: It will use 56 as strong support region.



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Note
Updated View On WTI Oil (30 May 2019)


The Oil gets supported well from $56.8 region and a decently bullish looking pin bar to boost.
As we mentioned before. $60 is likely reachable and that region will act as hell of a resistant.


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