CRUDE OIL (WTI) Bearish Trend Continues 🛢️

By VasilyTrader
Updated
https://www.tradingview.com/x/CvZV0gBP/

Crude Oil dropped yesterday, as I predicted.

In fact, the market is trading in a bearish trend on a daily.
A breakout of a horizontal support of a wide horizontal range
was a strong trend following signal.

The next support that I see on a daily is 67.5.
It will most likely be the next goal for the sellers.

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Comment
We see a correctional movement now,
the price may retest a broken structure before it drops lower!
Comment
The market closed almost reaching a broken structure!
brentCrude OilforecastfuturesOilParallel ChannelpriceactionpriceactionanalysisRectangleCrude Oil WTIWave Analysis
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