CRUDE OIL (WTI) Very Bearish Outlook 🛢
Updated
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
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