📊A bullish bottom pattern has been completed on the WTI chart, with support at around $66. This pattern has been able to grow by 500% in the past; if it repeats, the next target could be $400 🎯
🇺🇸 West Texas Intermediate (WTI) is low-sulfur (0.24%), “sweet” ✨ and easy to refine, mostly for gasoline ⛽️
🚛Unlike Brent, which is exported by sea, WTI has to be transported by pipeline to a warehouse in Oklahoma; this more difficult access usually keeps its price lower than Brent
⚠️ Interesting: In Corona (2020), for the first time in history, the price of WTI fell below zero dollars! 📉
What do you think about the price and can it grow many times over like gold ?