CFDs on WTI Crude Oil
Short
Updated

CRUDE OIL (WTI): Massive Breakout Confirmed 🛢️

1 077
https://tradingview.sweetlogin.com/x/7WQRbPOi/

Crude Oil remains under a strong bearish pressure.

First, the market violated a solid rising trend line on a daily,
Second, a wide horizontal zone of demand.

The broken horizontal and vertical structures compose
and expanding supply zone now.

I will expect a bearish movement from that to 78.6 - the next horizontal support.

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Note
The price is retesting a supply zone now
Note
I posted an update:
CRUDE OIL (WTI): Bearish Movement Continues 🛢️

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