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CRUDE OIL (WTI) Very Bearish Outlook 🛢

snapshot

WTI Crude Oil retraced to a peculiar zone of confluence on 4H:
we see a perfect match between a horizontal structure and 618 retracement of the last bearish impulse.

Reaching that structure, the price broke a support line of a rising wedge pattern on 1H.

I expect a bearish continuation now.
Goals: 101.93 / 100.0

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Note
Check my new idea on OIL:
CRUDE OIL (WTI) Important Update 🛢
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brentCrude Oil Futures WTI (CL1!)CommoditiesCrude OilFibonacciMultiple Time Frame AnalysisCrude Oil BrentCrude Oil WTIWedgeWTI
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