Get started
CFDs on Crude Oil (WTI)
Short

CRUDE OIL (WTI) IN DESCENDING TRIANGLE!

By VasilyTrader
Updated
snapshot

morning guys,

pay attention to crude today:
the price is contracting in a descending triangle formation.

though this formation can be broken to both sides I will be focused only on the bearish violation.

if bears manage to break and close below it, the chances will be high that we will see a bearish continuation to 21.2 - next support
and then to current market low 20.2

good luck!
Trade closed: target reached
T1 hit
Chart PatternsCrude Oil Futures WTI (CL1!)Crude OilfuturesOilTechnical AnalysistradingTrend AnalysisCrude Oil BrentCrude Oil WTIWave AnalysisWTI
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.