WTI Could go up

TVC:USOIL   CFDs on WTI Crude Oil
128 1 7
this is a technical view of the WTI
Explined on the chart..
You also have pin bar rejection on the last two days and May CLK is showing a doji after 3 x consecutive higher bars, suggesting short term weakness Monday/Tuesday.
I do not disagree with you, but I am expecting more downside prior to a rebound rally. Basis your chart I believe we could see a retest of your rising channel, prior to our rally.
So I am not short, but waiting ....
... just my 2c worth

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