WTI extended towards downside

Analysis: Price is extended towards the downside where potential retracement or even reversal is likely possible. Price may continue to dip further and more positions will be considered. Risk adverse traders should only enter smaller position for this initial position.

Analysis: Long at market reopening as High Risk trade towards 79.66 as Take Profit - 1 level.

Yorum:

Initial take profit reached.
TP-2 at 80.60 to close fully