WTIUSD: Bearish Breakout
Price breakout of a very solid support zone
As you can see, the RSI indicator is in the oversold territory.
I think we might see a potential pullback to the overlap.
Resistance which also aligns with the 38.2% Fibonacci
Retracement level
From where price might drop to the downside
As you can see, the RSI indicator is in the oversold territory.
I think we might see a potential pullback to the overlap.
Resistance which also aligns with the 38.2% Fibonacci
Retracement level
From where price might drop to the downside
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