CRUDE OIL (WTI) Important Bearish Clues!!!
Updated
Crude oil is retesting a broken support line of a rising wedge pattern.
the price went rejected this night from that and now it is forming a beautiful high momentum bearish engulfing candle.
this candle indicates a strong selling pressure from the identified resistance cluster.
chances are high that the price will keep falling.
target levels:
39.0
38.12
Trade closed: target reached
Check my new analysis on EURUSD!!!
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