Quotes of WTI crude oil traded at $ 54.37 a barrel. No trading above the Ichimoku Cloud, which indicates the presence of an upward trend and there is potential for growth in the area above the level of 55 dollars per barrel.
Ichimoku Kinko Hyo WTI oil forecast on February 28, 2017
Cancellation option will be the development of an upward trend and the fall of the sample the lower limit of the Ichimoku Cloud with closing quotations below WTI area 53.50 dollars per barrel. At the moment, we can expect a tight test of the upper boundary of Ichimoku Cloud and continuing growth in the oil region of the local maximum.
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