CRUDE OIL (WTI): Overbought Market?!
https://www.tradingview.com/x/jHgHBone/
Crude Oil leaves multiple bearish clues.
The price formed a double top and a rising wedge pattern on a daily
and broke a neckline and a trend line of both patterns.
On an hourly time frame, I see an inverted cup & handle with a confirmed
violation of its neckline.
Looks like the market is overbought.
We may expect a correction to 82.07
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Crude Oil leaves multiple bearish clues.
The price formed a double top and a rising wedge pattern on a daily
and broke a neckline and a trend line of both patterns.
On an hourly time frame, I see an inverted cup & handle with a confirmed
violation of its neckline.
Looks like the market is overbought.
We may expect a correction to 82.07
❤️Please, support my work with like, thank you!❤️
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