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Crude Oil (WTI): Will The Bearish Rally Continue? 🛢️
CFDs on WTI Crude Oil
Short
Crude Oil (WTI): Will The Bearish Rally Continue? 🛢️
By VasilyTrader
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Dec 12, 2022
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Dec 12, 2022
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.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
brent
Candlestick Analysis
Crude Oil Futures WTI (CL1!)
Commodities
Crude Oil
futures
Oil
Supply and Demand
Support and Resistance
Crude Oil Brent
Crude Oil WTI
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