WTI crude oil grows following Brent. But the price for Brent has already been close the level of $94 per barrel and the price for WTI has yet to do.
But this is likely to happen later as on the daily chart the bearish pattern “a harami cross” is observed.
The “harami cross” is viewed as stronger pattern rather than the “harami” pattern itself.
Thus, before we can see WTI’s growth to $94 and 99.5 per barrel, a slight decline of its price is possible to $88.
This content is for informational purposes only and is not intended to be investing advice.
