WTI CRUDE OIL Buy signal on Channel Down bottom.

WTI Crude Oil is trading inside a Channel Down on the 1hour chart.

The price almost hit its bottom and is already on a 4hour rise.

This is technically the new bullish wave and all prior inside the Channel reached the 0.618 Fibonacci.

Buy and target 68.50 (Fib 0.618).


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Chart PatternsCrude Oil Futures WTI (CL1!)crudeTechnical IndicatorsOilTrend AnalysisCrude Oil WTIWTI

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