CRUDE OIL (WTI) Bearish Trend Continues 🛢️

Crude oil is trading in a bearish trend on a daily.
After a long-lasting consolidation within a horizontal range,
the market violated its support on a daily and set a new lower low.

Retesting the broken structure, the market started to coil within an intraday range.
Its support breakout gives us a strong intraday confirmation.

A bearish movement is now expected at least to 70.7

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Great move!