📊 Crude Oil Market Analysis – Bearish Structure & Gap Fill Target 🚨
📉 Crude oil is showing a bearish candle structure, indicating potential downside.
🔄 Bearish Outlook:
✅ Key Target: Price could drop to $67.31 to fill the gap.
✅ Bearish Confirmation: As long as price remains below the bearish candle formations, the trend stays bearish.
✅ Reversal Trigger: A breakout above the bearish candle structure would invalidate the bearish setup.
📌 Until a breakout occurs, the trend remains bearish! Watch price action closely.
📉 Crude oil is showing a bearish candle structure, indicating potential downside.
🔄 Bearish Outlook:
✅ Key Target: Price could drop to $67.31 to fill the gap.
✅ Bearish Confirmation: As long as price remains below the bearish candle formations, the trend stays bearish.
✅ Reversal Trigger: A breakout above the bearish candle structure would invalidate the bearish setup.
📌 Until a breakout occurs, the trend remains bearish! Watch price action closely.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.