CRUDE OIL (WTI) Bearish Outlook Explained
Crude Oil will most likely keep falling soon.
The price violated a key daily horizontal support and closed below that.
We can anticipate a bearish continuation at least to 71.9
Look for selling the market from a supply area based on a broken structure and a falling trend line.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.