CRUDE OIL (WTI) Waiting For BreakoutðĒ
TVC:USOIL
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WTI Crude Oil has recently dropped to a key daily structure support.
The market is currently trading within a horizontal range.
To catch the next trend-following move, watch 81.85 - 83.4 horizontal demand zone.
Wait for its bearish breakout - daily candle close below that, then sell aggressively or on a retest.
Targets will be 79.7 / 76.5
Alternatively, a bullish breakout of the underlined resistance may trigger a bullish movement.
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