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CRUDE OIL (WTI): Time to Sell?!
CFDs on Crude Oil (WTI)
Short
CRUDE OIL (WTI): Time to Sell?!
By VasilyTrader
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Jun 7
9
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Jun 7
https://www.tradingview.com/x/tHcqe4M6/
WTI Crude Oil is testing a recently broken horizontal support.
After a violation, it turned into a potentially strong resistance.
Approaching the underlined area, the price formed a head and shoulders pattern
on an hourly time frame.
A breakout of its horizontal neckline is a strong intraday bearish confirmation for us.
We can expect a bearish continuation now.
Goals 74.9 / 74.3
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brent
brentoil
Candlestick Analysis
Crude Oil
futures
Head and Shoulders
Multiple Time Frame Analysis
Oil
oilsignals
wtioilsignals
wtisignals
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