can bounce here, but Im still bearish OIL 🐻 Short

WTI CRUDE OILTVC

Description

⋅ Mar 10, 2023 2:53 PM

recent cluster resistance rejection, keeps failing to break and hold pivot level.. all bearish signs. only bullish sign is we are at local trend support zone, but one more red day and thats wiped out..

break of 74/trend support and we see quick dump to 70-71 🎯

Comment

⋅ Mar 10, 2023 2:55 PM

bounce here and break of 76.4 will lead to short term relief, but I would short any pops on this one

Comments

TheCryptagon

⋅ Mar 16, 2023 11:48 AM

It is obvious that you have put in a lot of work on this idea. i agree with your idea drop down is on the the way ! Here is our perspective:

TradingBrokersView

⋅ Mar 14, 2023 8:32 AM

Thank you for your work! I agree with you but in the next days we will see upward moves ! Have a glance at our viewpoint:

financialfreedomgoals101

⋅ Mar 13, 2023 10:37 PM

Agree with the bearish outlook. We have the same perspective on this one.

Lingrid

⋅ Mar 10, 2023 3:33 PM

I'm also bearish

KlejdiCuni

⋅ Mar 10, 2023 2:55 PM

You have nailed this analysis. I like it. Thanks