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🛢️📉 Crude Oil Breaks Down: Brace for Aggressive Drop 💥🔻$60/b
CFDs on WTI Crude Oil
Short
🛢️📉 Crude Oil Breaks Down: Brace for Aggressive Drop 💥🔻$60/b
By blacklegend55
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Jan 26
4
Jan 26
It looks like the 45-minute breakdown has occurred, which could lead to a bearish trend in both the weekly chart and the February monthly candle.
Our swing trade has two targets:
- The first target is $60.
- The second target is $40.
Please note that this is a long-term trade and we're making this decision quite early.
Remember DXY is still very strong signalling that commodities in general are expected to be weak.
Chart Patterns
Technical Indicators
oilprice
Trend Analysis
Crude Oil WTI
usoilanalysis
usoilprediction
usoilshort
blacklegend55
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