CRUDE OIL (WTI) Bearish Move Started! Waiting For a Trigger 🛢️
Updated
Have you seen that huuuge red candle on WTI?
No doubt, the price reached a key monthly structure, and bears started to push.
In order to catch a swing move, keep monitoring a rising parallel channel.
For now, its support is the last resort for buyers to buy from.
Being broken, it will trigger a strong bearish move.
Next supports will be:
72.0
70.0
Remember, in case of an occasional bull breakout of a yellow zone,
setup will be invalid.
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