CRUDE OIL (WTI) Bearish Move Started! Waiting For a Trigger 🛢️

Have you seen that huuuge red candle on WTI?
No doubt, the price reached a key monthly structure, and bears started to push.

In order to catch a swing move, keep monitoring a rising parallel channel.
For now, its support is the last resort for buyers to buy from.
Being broken, it will trigger a strong bearish move.

Next supports will be:
72.0
70.0

Remember, in case of an occasional bull breakout of a yellow zone,
setup will be invalid.

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Comment:

Check my new idea on USDJPY: