Get started
CFDs on WTI Crude Oil
Short

CRUDE OIL (WTI) Very Bearish Outlook 🛢

By VasilyTrader
Updated
snapshot

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!❤️
Comment
Check my new idea on OIL:
CRUDE OIL (WTI) Important Update 🛢
brentCrude Oil Futures WTI (CL1!)CommoditiesCrude OilFibonacciMultiple Time Frame AnalysisCrude Oil BrentCrude Oil WTIWedgeWTI
VasilyTrader
✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel youtube.com/c/VasilyTrader

💰Instagram: instagram.com/VasilyTrader/ 💰

✅Facebook: facebook.com/VasilyTrading/ ✅

Related publications

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.