Hey traders,
WTI OIL is currently trading within a falling expanding wedge pattern.
While the market stays within its boundaries we remain bearish biased.
The price started to fall from a minor horizontal resistance in the middle of the wedge on Friday.
I guess that the price may drop even lower after the market opening.
Two underlined resistances are on focus for breakout/pullback trading.
I will post an update once I see a decent confirmation.
Good luck!
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
Comment:
Check my new idea on US30:
âś…Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel www.youtube.com/c/VasilyTrader
đź’°Instagram: www.instagram.com/VasilyTrader/ đź’°
âś…Facebook: www.facebook.com/VasilyTrading/ âś…
❗️YouTube Channel www.youtube.com/c/VasilyTrader
đź’°Instagram: www.instagram.com/VasilyTrader/ đź’°
âś…Facebook: www.facebook.com/VasilyTrading/ âś…