https://www.tradingview.com/x/tHcqe4M6/

WTI Crude Oil is testing a recently broken horizontal support.
After a violation, it turned into a potentially strong resistance.

Approaching the underlined area, the price formed a head and shoulders pattern
on an hourly time frame.

A breakout of its horizontal neckline is a strong intraday bearish confirmation for us.

We can expect a bearish continuation now.
Goals 74.9 / 74.3

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brentbrentoilCandlestick AnalysisCrude OilfuturesHead and ShouldersMultiple Time Frame AnalysisOiloilsignalswtioilsignalswtisignals

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