Oil to create a bottom soon? #oiltrading #wti #forexsignals
2 Oct 2025 · 1 min

1:00
In this segment, Vladimir Ribakov provides a technical analysis of WTI crude oil, focusing on pivot‑derived support zones near the $60‑$61 price range. He identifies a two‑week supportive zone around $61 and a confluence of weekly and daily support that creates a key zone near $60. By connecting recent lows, he highlights this area as critical. Ribakov anticipates that if oil prices dip into this zone, a bullish rejection could occur, driven by bullish divergence. He expects a break‑and‑retest move that could retest or surpass previous volume‑based price levels, suggesting a potential rally back toward those zones.










