Since submission of my last analysis, on analysis of the movement of WTI Crude Oil futures on May 1st , 2018 at 10:10:00 in different time frames, I find WTI Crude Oil futures will definite be looking for a decisive move if they sustain inside “Decisive Zone” after the announcement of impending crude oil inventory today and thereafter a breakout will be followed by May 2nd, 2018 towards a directional move. No doubt that the WTI Crude Oil futures are currently at the strong support from where an inventory supportive move may be too strong in upward direction amid growing volatility ahead but the formation of an exhaustive hammer in 4 Hr. Chart create suspicion among the bulls.
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