Technical analysis WTI for 09.01.2024
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is descending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 72.50. The closest resistance is the level 73.25

Key levels
- 75.00, 74.00, 73.25, 72.50, 71.75
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 73.25, with Take Profit of 74.00 and Stop Loss of 72.50
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 72.50, with Take Profit of 71.75 and Stop Loss of 73.25