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Oil_Crude (WTI)
Oil - Crude (WTI)
Oil_Crude (WTI)
By Vincent_CatchMoneyMagnet
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Aug 5
1
Aug 5
Momentum ends. Liquidity grab to the upside. Stop loss hunting exhausted? NO. The downtrend is continuing.
72.743 previously strong SUPPORT level (4 June 2024) = broken
DXY down. Geopolitical tensions. Oil price downtrend persisting. It's a selloff. A bullish reversal is imminent with time.
Check emotions. Apply patience. Risk Management is a priority.
Chart Patterns
Technical Indicators
Trend Analysis
Vincent_CatchMoneyMagnet
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