CFDs on WTI Crude Oil
ืฉื•ืจื˜
ืžืขื•ื“ื›ืŸ

Crude Oil (WTI): Technical Outlook For Next Week ๐Ÿ›ข๏ธ

ืชืžื•ื ืช-ื‘ื–ืง

Hey traders,

WTI OIL is currently trading within a falling expanding wedge pattern.
While the market stays within its boundaries we remain bearish biased.
The price started to fall from a minor horizontal resistance in the middle of the wedge on Friday.
I guess that the price may drop even lower after the market opening.

Two underlined resistances are on focus for breakout/pullback trading.

I will post an update once I see a decent confirmation.

Good luck!

โค๏ธIf you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!โค๏ธ
ื”ืขืจื”
Check my new idea on US30:
Dow Jones (US30): Technical Outlook For Next Week

ื›ืชื‘ ื•ื™ืชื•ืจ