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Apr 5, 2018 8:22 AM

WTI Crude Oil Bearish Flag Formation  Short

WTI CRUDE OILTVC

Description

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
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