CRUDE OIL (WTI) Bearish Trend Continues 🛢️

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CFDs em Petróleo Bruto WTI (TVC:USOIL)

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TVC:USOIL CFDs em Petróleo Bruto WTI

Wave Analysis Parallel Channel Rectangle futures Oil Crude Oil brent forecast priceaction priceactionanalysis Crude Oil WTI Contains image

waveanalysis parallelchannel rectangle futures oil crudeoil brent forecast priceaction priceactionanalysis usoil containsimage

snapshot

Crude Oil dropped yesterday, as I predicted.

In fact, the market is trading in a bearish trend on a daily.
A breakout of a horizontal support of a wide horizontal range
was a strong trend following signal.

The next support that I see on a daily is 67.5.
It will most likely be the next goal for the sellers.

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Comentário:

We see a correctional movement now,
the price may retest a broken structure before it drops lower!

Comentário:

The market closed almost reaching a broken structure!

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