Update for WTI Crude Oil.
Earlier, I share a very bearish setup on a daily.
Analyzing the intraday time frames today, I spotted
a strong bearish confirmation on an hourly.
Retesting a recently broken horizontal resistance,
the price dropped and violated a support line of a rising wedge pattern.
It is an important sign of strength of the sellers.
With a high probability, the price will drop at least to 67.15 level.
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.