Crude Oil (WTI): Will The Bearish Rally Continue? 🛢️

By VasilyTrader
snapshot

WTI Crude Oil is trading in a bearish trend since March.
The price broke and closed below a key daily demand zone last week.

The broken structure: 72.6 - 76.5 area, turned into a resistance now.
I believe that the market may drop lower from that.

Next target will be 62.3 - 66.3 area.

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brentCandlestick AnalysisCrude Oil Futures WTI (CL1!)CommoditiesCrude OilfuturesOilSupply and DemandSupport and ResistanceCrude Oil BrentCrude Oil WTI
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