WTI is Trapped in a Range - Breakout is Possible

After the breakout of the symmetrical triangle to the upside, the WTI has been consolidating in a tight range between pivot points, mainly D H3 and D L3.  If the price closes above D H3 – 66.92 then 67.30 and 67.55 should be next, eventually followed by 67.93. Below D L3 66.18 we might see 65.80 followed by 65.17. Watch for volatility during the US session, later in the day.

WTi

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