CRUDE OIL (WTI) Very Bearish Outlook 🛢

11 ביולי 2022

WTI Crude Oil retraced to a peculiar zone of confluence on 4H:
we see a perfect match between a horizontal structure and 618 retracement of the last bearish impulse.

Reaching that structure, the price broke a support line of a rising wedge pattern on 1H.

I expect a bearish continuation now.
Goals: 101.93 / 100.0

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12 ביולי 2022

הערה

Check my new idea on OIL: