WTI is in sell zone!! pour TVC:USOIL par ForexWizard01

trendanalysis chartpattern indicator usoil wti wticrude usoilshort usoilsignal wtianalysis usoilforecast usoilidea wtishort

WTI has formed a daily doji on the last day of the trading week. After opening the new trading week we have seen so far a series of rejections with lower highs on the 4H. Last candle on 4H has formed a text book bearish engulfer with 20EMA retest and close back below. It is a high probability that WTI will continue to drop to the monthly support zone

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