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VasilyTrader
Feb 7, 2022 9:30 AM

CRUDE OIL (WTI) Bearish Move Initiates 🛢 Short

WTI CRUDE OILTVC

Description



On our morning's live stream we discussed Oil.
It looks like the market is finally preparing for a bearish move.
On hourly time frame, the price formed a descending triangle formation - a classic reversal pattern.
Its neckline breakout is our trigger to sell.

I expect a bearish move at least to 89.5 level.

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

Comment

Check my new analysis on EURUSD, USDCAD, GBPCHF, SILVER:
Comments
ForexTrendline
Well done!
MelvinGst
Nice catch ! Thanks for this analysis !
ProjectSyndicate
similar outlook. thank you for the updates
UnitedSignals
Good market breakdown!
Thompson101
Thanks for sharing
VasilyTrader
@Thompson101, you are welcome my friend)))
Mihai_Iacob
Let s see, may be a top is in place
VasilyTrader
@OptimoomFX, thank you for comment buddy :)
nutansinha009
Hey vasily,thank u for analysis...I wasted entire day and 50 .leaving this channel..
VasilyTrader
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