Expected scenario for WTI on DAILY Timeframe

BLACKBULL:WTI   West Texas Intermediate Crude Oil cash
On the chart, oil has formed a ‘double top,’ failing to raise above $93 at the start of the week. And now, the $83 level, where the previous support area is located, is worth paying more attention to. A fall below that would confirm the pattern, suggesting a possible target in the $85 area.

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