On analysis of the movements of WTI Crude Oil futures in different time frames, I’ve found some expected trading zones for the week of November 4th, 2018. No doubt that the oil market’s two-year bull run is running into one of its biggest tests in months, facing a tidal wave of supply and growing worries about economic weakness sapping demand worldwide, but the November 4th factor will be too decisive to finalize futher directional moves of WTI Crude Oil futures; which will result in high volatility. Let’s have a look at the expected directional moves of the WTI Crude Oil futures in the following charts.
WTI Crude Oil Futures Daily Chart – Expected Trading Zones For The Week Of November 4th, 2018
WTI Crude Oil Futures 4 Hr. Chart – Expected Trading Zones For The Week Of November 4th, 2018
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