WTIUSD on the 4-hour channel development

A downward channel has been developing ever since the OPEC + group broke down around a month ago. Now that things are mended, there are questions if the production cuts are enough to lift the price further. Several attempts at a retracement haven't succeeded . have a neutral stance in the short term.

Disclaimer: These are amateur opinions.
Chart PatternsOilTrend AnalysisCrude Oil WTIWTIwticrudewtiusd

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