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CRUDE OIL (WTI) Bearish Pattern Explained🛢
CFDs on WTI Crude Oil
Short
CRUDE OIL (WTI) Bearish Pattern Explained🛢
By VasilyTrader
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May 12, 2023
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May 12, 2023
WTI Crude Oil has recently reached a key horizontal resistance.
Testing that, the price formed a head and shoulders pattern.
Its neckline was broken yesterday.
The price is currently retesting that.
I believe that selling volumes are currently accumulating.
Probabilities are high that we will see a bearish move soon.
Goals will be: 69.87 / 68.11
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brent
Candlestick Analysis
Commodities
crude
Crude Oil
forecast
futures
Head and Shoulders
Oil
Support and Resistance
Crude Oil WTI
WTI
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