WTI Oil price has bounced from the $66 support area, that started the latest leg up to its $72.88 highs.
Now the 4-hour chart see the price moving on a channel between this support and the resistance area near $67.4 inside a flag formation that is more indicative of a continuation to the downside.
Now the 4-hour chart see the price moving on a channel between this support and the resistance area near $67.4 inside a flag formation that is more indicative of a continuation to the downside.