WTI Oil H4 | Bearish downtrend to extend further?WTI oil (USOIL) is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 69.45 which is a pullback resistance.
Stop loss is at 70.20 which is a level that sits above the 50.0% Fibonacci retracement and a pullback resistance.
Take profit is at 68.46 which is a swing-low support.
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