Crude Oil (WTI) Your Detailed Trading Plan For Next Week ๐ข๏ธ
Hey traders,
As I predicted, WTI Crude Oil has perfectly respected a major falling trend line and dropped from that. We already caught 2 very nice winners shorting that.
To catch a bearish continuation, watch 79.15 - 80.90 horizontal neckline of a head and shoulders pattern. We should wait for 4H candle close below that to confirm the breakout. Then shorting on a retest, we will expect a bearish continuation to 76.5.
If the price respect a yellow zone and breaks a trend line, the setup will be invalid.
โค๏ธIf you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!โค๏ธ