WTI short idea
Hugely bearish movement has been happening recently and we can see that the weekly & daily are bearish while the monthly and 4hour are bullish.
We are definitely favoring the bears in this scenario. We will look to capitalize on a bearish continuation once we see a confirmed retest of a key prz level & resistance.
Looking to target lower toward our weekly support around 47.50
Hugely bearish movement has been happening recently and we can see that the weekly & daily are bearish while the monthly and 4hour are bullish.
We are definitely favoring the bears in this scenario. We will look to capitalize on a bearish continuation once we see a confirmed retest of a key prz level & resistance.
Looking to target lower toward our weekly support around 47.50