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on the verge of a breakdown but is trying to bounce
CFDs on WTI Crude Oil
Short
on the verge of a breakdown but is trying to bounce
By JK_Market_Recap
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May 8, 2024
2
May 8, 2024
Price is barely holding the support line. If it bounces we have mapped the upside target.
If it breaks down then we have mapped out our downside target.
We are in a grey zone, neither direction is clear.
We believe most likely we will see a breakdown but it is a close call.
Are you long or short?
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