chartreader_pro

WTI Crude Oil Bearish Flag Formation

Short
TVC:USOIL   CFDs on WTI Crude Oil
We have published the forecast on our website.
Fundamentals are mixed.
However, we see a bearish flag pattern in the charts.
We will focus on 62.20-62.00 breakout as described in the chart.
Comment:
Entering the critical support zone.
63.28- 62.80
Closing below is the playground of the Bears.
Comment:
The real trouble has not started yet for Crude Bulls.
We have reached the first target level.
Now it is time to focus on the breakout to add short.
DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money

For alerts,charts,special reports,news and singals over 15.000 + instruments contact us via pm or our free Discord: discord.gg/Ku9kzfq

Link to services and products: linktr.ee/chartreaderpro
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.