CRUDE OIL (WTI) Multi Time Frame Analysis & Technical Outlook
WTI oil reached a major daily supply cluster.
To catch a bearish move from that, follow an expanding wedge pattern on 1H time frame.
While the price is trading within its boundaries, the market remains bullish .
Bearish breakout of its support though will be a strong trigger to sell.
First support for goals will be 66.0
In case of a bullish breakout of the yellow zone,
setup will be invalid and bullish continuation will be expected.