VasilyTrader

CRUDE OIL (WTI) Bearish Pattern Explained🛢

Short
TVC:USOIL   CFDs on WTI Crude Oil

WTI Crude Oil has recently reached a key horizontal resistance.
Testing that, the price formed a head and shoulders pattern.

Its neckline was broken yesterday.
The price is currently retesting that.

I believe that selling volumes are currently accumulating.
Probabilities are high that we will see a bearish move soon.

Goals will be: 69.87 / 68.11

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