CRUDE OIL (WTI): Massive Breakout Confirmed 🛢️
Updated
https://www.tradingview.com/x/7WQRbPOi/
Crude Oil remains under a strong bearish pressure.
First, the market violated a solid rising trend line on a daily,
Second, a wide horizontal zone of demand.
The broken horizontal and vertical structures compose
and expanding supply zone now.
I will expect a bearish movement from that to 78.6 - the next horizontal support.
❤️Please, support my work with like, thank you!❤️
Crude Oil remains under a strong bearish pressure.
First, the market violated a solid rising trend line on a daily,
Second, a wide horizontal zone of demand.
The broken horizontal and vertical structures compose
and expanding supply zone now.
I will expect a bearish movement from that to 78.6 - the next horizontal support.
❤️Please, support my work with like, thank you!❤️
Note
The price is retesting a supply zone nowNote
I posted an update:
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