CRUDE OIL (CLN2024, USOIL, WTI)... BEARISH!

Bias is Bullish.

Daily TF shows 2 weeks of
consolidation supported by a Daily
+FVG. Friday finally saw a "BO" as price
traded through the swing high with
a close above it. Note that price is
now inside the a Daily -FVG.
Potential for a bearish reaction? Yes.
However, I believe it will be short term
if anything.
The 4H gives more detail.
One can see bullish structure in
place that will support a move higher,
potentially to to test 80.21.

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Comment:

Trade closed: target reached:

Trade closed: target reached:

A little respect on this call.
Thank you. ; )