CRUDE OIL (WTI) Bearish Move Initiates 🛢

Short

CFD Petrolio WTI (TVC:USOIL)

Aggiornato

TVC:USOIL CFD Petrolio WTI

triangle pivotpoints economiccycle wti crudeoil usoil ukoil cl1! crudeoilwti brent

On our morning's live stream we discussed Oil.
It looks like the market is finally preparing for a bearish move.
On hourly time frame, the price formed a descending triangle formation - a classic reversal pattern.
Its neckline breakout is our trigger to sell.

I expect a bearish move at least to 89.5 level.

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Commento:

Check my new analysis on EURUSD, USDCAD, GBPCHF, SILVER:

MarketBreakdown | EURUSD, USDCAD, GBPCHF, SILVER

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Idee correlate

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