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CRUDE OIL (WTI): Your Trading Plan For Next Week
CFDs on WTI Crude Oil
Short
CRUDE OIL (WTI): Your Trading Plan For Next Week
By VasilyTrader
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Jun 1
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Jun 1
https://www.tradingview.com/x/9pCgpBF9/
WTI Crude Oil is trading in a bearish trend on a daily.
For the entire month of May, the market is consolidating within a horizontal range.
I believe that a bearish trend will continue after a violation of the support of the range.
I am waiting for its breakout to sell the market.
A daily candle close below 75.5 will confirm a violation.
A bearish wave will be anticipated at least to 72.5 level then.
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brentoil
Crude Oil
futures
Parallel Channel
Rectangle
Supply and Demand
Crude Oil Brent
Crude Oil WTI
WTI
wtioil
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