CRUDE OIL (WTI) Very Bearish Outlook 🛢

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

❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️

Yorum:

Check my new idea on OIL: