Crude Oil (WTI) Prepare to Short Next Week 🛢️

Short

CFDs on WTI Crude Oil (TVC:USOIL)

Updated

TVC:USOIL CFDs on WTI Crude Oil

Rectangle Parallel Channel Support and Resistance futures Oil Crude Oil forecast swing swingtrading Crude Oil WTI Crude Oil Brent Crude Oil Futures WTI (CL1!)

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snapshot

Crude Oil is very close to a broken support of a daily horizontal range.
72.2 - 73.0 is the area, from where I will anticipate the next bearish wave.

Let the price test the underlined yellow structure and wait for a confirmation
to sell from there.

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Comment:

We are very close to the broken structure at the moment

Comment:

Here is my updated analysis:

CRUDE OIL (WTI): Intraday Bearish Signal?! 🛢️

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