hey guys,
confirmed bearish breakout of a rising channel on WTI.
the price has formed a perfect descending triangle first,
and after a couple of hours, it managed to break both the support of the triangle and support of the channel.
now we can expect a further bearish continuation.
most likely the price will retest the broken channel giving us the safest entry.
initial goal is 39.65
it is based on a major rising trend line on 4h/daily.
then we will wait for a reaction of the market on that.
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