wti crude oil bearish rising wedge pattern (reversal)
on a weekly timeframe, it also shows a rising wedge pattern and another one is confirmed with the 4hr and 1hr timeframe so it should be suspected that the market is most likely going to go downwards.
Looking to hit the 55.30 area roughly with a stop loss slightly inside the red area which is 67.04 (resistance)
Looking to hit the 55.30 area roughly with a stop loss slightly inside the red area which is 67.04 (resistance)