CFDs on WTI Crude Oil
Long

Market next move

125
❗ Disrupted Market Outlook:

⚠️ False Breakout Risk:

The recent "Breakout" above previous highs may be a bull trap. Although price surged, the follow-up candles are showing lower highs, suggesting weakening bullish momentum.


📉 Bearish Divergence (not shown but likely):

Based on the price action, there's a potential bearish divergence with RSI/MACD (if overlaid), as price makes higher highs while momentum likely weakens.


🔄 Resistance Reversal Zone:

The area labeled as "Support area" at the top (near $67.50) is actually acting as resistance again — the market is failing to hold above this level.


🔁 Retest Failure:

After the breakout, price failed to establish strong support and is consolidating below the highs, hinting at a potential breakdown below $66.



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🔻 Disruption Path:

1. Drop to $66.00 - immediate pullback from failed breakout.

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