CRUDE OIL (WTI) Very Bearish Outlook 🛢

Updated
snapshot

This morning with my students, we discussed WTI Oil.
The price is trading within a wide horizontal trading range on an hourly time frame.

Approaching its resistance, the price formed a double top formation.
Its neckline breakout confirms a highly probable bearish continuation.

Goals:
88.7 / 87.8

❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
Note
Check my new idea on USDJPY:
USDJPY: Potential Short Trade Explained 🇺🇸🇯🇵
brentfuturesOilParallel ChannelRectanglesignalsignalsSupport and ResistanceWTIwticrude

✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel youtube.com/c/VasilyTrader

💰Instagram: instagram.com/VasilyTrader/ 💰

✅Facebook: facebook.com/VasilyTrading/
Also on:

Related publications

Disclaimer