Crude Oil (WTI): Bearish Breakout Confirmed? 🛢️

Short

CFDs on WTI Crude Oil (TVC:USOIL)

Updated

TVC:USOIL CFDs on WTI Crude Oil

Trend Lines Candlestick Analysis Parallel Channel Oil WTI Crude Oil WTI Crude Oil Crude Oil Brent brent

trendline candlestick parallelchannel oil wti usoil crudeoil ukoil brent

snapshot

Hey traders,

It looks like the channel that we discussed yesterday is broken.
With a high momentum bearish candle the market closed below a support line of a rising parallel channel.

I believe that soon we will see a bearish move to 87.0 level.

❤️Please, support this idea with like and comment!❤️

Comment:

Watch my new video on USDCAD:

USDCAD: Technical Outlook & Price Action 🇺🇸🇨🇦

✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel www.youtube.com/c/VasilyTrader

💰Instagram: www.instagram.com/VasilyTrader/ 💰

✅Facebook: www.facebook.com/VasilyTrading/ ✅

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.