olliefx
Short

Crude WTI - Large downside move on the horizon.

FX:USOIL   Crude Oil (WTI)
WTI has seen continued resistance on any rallies of the previous weeks. The most recent move to the upside found a cap at the falling trend line, with a solid bear candle following. If we see a move below the EMAs, then this would open the door to the downside, with potential for moves back down into the previous congestion zone around 39$.
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