WTI (usoil): a possible drop

Jun 10

Hi!

WTI remains bearish, trading within a descending wedge and continuing to print lower highs. Recent price action suggests any bounce from current levels could be corrective rather than the start of a reversal.

Key levels:
• Flip area: 77–79
• Wedge target: 74–75
• Resistance: Upper wedge boundary

As long as price stays below wedge resistance, the preferred scenario remains a retracement followed by continuation toward the 74–75 target zone.

Jun 13

Trade active

#wti #usoil
The position has been activated

Jun 15

Note

So close to the target!

Jun 17

Trade closed: target reached

both targets reached