• Vasily Trader

CRUDE OIL (WTI) Important Breakout & Back to Bears (forecast)

🔻WTI is a bit tricky with these lockdowns, vaccine news, and elections.

we've seen so many false breakouts recently, so it is quite hard to make accurate predictions here.

however, it looks like the price has surely broken and closed below a support line of a triangle on hourly.

the breakout is considered to be confirmed and it will most likely push the price much lower.


40 .175


here I would recommend only retest entry because we closed quite far from structure.

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