CRUDE OIL (WTI) Important Update 🛢

١٢ يوليو ٢٠٢٢

As I predicted, WTI Oil dropped nicely yesterday.
The price formed a head and shoulders pattern.

To catch a bearish continuation, watch 100.3 - 102.0 horizontal neckline.
We need a 4H candle close below that to confirm the breakout.
Then, shorting on a retest, a bearish continuation will be expected to 97.2 level.

If the price sets a new high, the setup will be invalid, though.

❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️

١٣ يوليو ٢٠٢٢

ملاحظة

Check my new idea on USDCAD: