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CFDs on WTI Crude Oil
Short

CRUDE OIL : Bearish due to Double Top formation

55
  • DOUBLE TOP PATTERN -

    Crude oil has recently formed a double top pattern on daily chart and has broken down from it indicating bearish momentum for the commodity

  • SUPPORT-RESISTANCE ZONE BREAKDOWN - snapshot
    crude oil has recently broken down from a strong support-resistance zone with strong red candlestick indicating strong bearish confirmation

  • PROFIT TARGET -

    level is at 68.16

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Double Top or BottomTechnical IndicatorsSupport and Resistance

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Double Top or BottomTechnical IndicatorsSupport and Resistance
peace_lover
My Social Media links :

📥 Telegram - t.me/Sagar_TradeMaster
📥 Instagram - instagram.com/sagar_trademaster/
📥 Youtube - youtube.com/@TruthfulTrader
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.