✍️ WTI UPDATE
👉 WTI surged strongly to around the 98.00 level during the Asian session.
👉 The current move is being supported by rising geopolitical tensions surrounding Iran and the Strait of Hormuz, together with increasing supply concerns as the United States threatens to block vessels linked to Iranian ports, helping maintain bullish pressure in the market.
📌 Technical Outlook
👉 A strong bullish gap was formed at the Asian open, and price is currently attempting to fill that gap.
👉 However, support zones are holding well, providing a solid base for further upside.
👉 At the same time, EMA 34 crossing above EMA 89 signals that short-term bullish momentum remains intact.
Market structure remains bullish in the short term🔼
🔥 Bias Today: BULLISH 🔼
Wishing you a successful trading day
👉 WTI surged strongly to around the 98.00 level during the Asian session.
👉 The current move is being supported by rising geopolitical tensions surrounding Iran and the Strait of Hormuz, together with increasing supply concerns as the United States threatens to block vessels linked to Iranian ports, helping maintain bullish pressure in the market.
📌 Technical Outlook
👉 A strong bullish gap was formed at the Asian open, and price is currently attempting to fill that gap.
👉 However, support zones are holding well, providing a solid base for further upside.
👉 At the same time, EMA 34 crossing above EMA 89 signals that short-term bullish momentum remains intact.
Market structure remains bullish in the short term🔼
🔥 Bias Today: BULLISH 🔼
Wishing you a successful trading day
交易進行
WTI Update:Oil prices pulled back toward the support zone above 90.00 following reports that the US and Iran are continuing negotiations.
However, further downside may be limited due to the lack of official confirmation, with price likely to move sideways while awaiting clearer updates.
交易結束：目標達成
WTI Update:Prices fell below $88.50 due to optimism about a ceasefire agreement between the US and Iran. However, the Key level around $86.00 remains intact.
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