WTI oil futures bounced back into the 70.00 territory after its latest downfall stalled marginally below the March 15-month low of 64.36. While the market seems to have formed a bullish double bottom pattern in the short-term picture, flagging a potential upside trend reversal, a confirmation signal could appear significantly higher above 83.00. In other trend signals, the simple […]
The post WTI Oil Futures Set Bullish Tone, But Too Early for Trend Reversal appeared first on Action Forex.
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