CFDs on WTI Crude Oil
Short
Updated

CRUDE OIL (WTI) Key Resistance Ahead! Your Plan to Short 🛢️

919
snapshot

Crude oil is very close to a year's high.
66.3 - 68.0 is a strong supply area.
Chances will be high to see a pullback from that structure.

To short it wisely, wait for a bearish breakout of a rising wedge pattern.
It will be a perfect confirmation.

Goal will be 62.3 (closest strong support)

In case of a bullish breakout of the underlined structure,
the market will go to the next historical highs.

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