WTI: Crude's Bearish Run Continues – Short Setup on the Radar!
WTIShortIntraday4h ago2 views
Trade Setup
Entry Price
72.2100
Stop Loss
73.5500
Take Profit
69.5300
Risk : Reward
1 : 2.00
RiskReward
Hey KoraFX fam! Yui checking in from Osaka. Hope you're all having a solid trading week. Let's talk WTI – it's been a ride, but the bearish vibes are still strong, right? With crude currently at 71.94, down almost 0.8% today, the overall downtrend is looking pretty clear. Charts don't lie, and right now, they're pointing south.
Technical Breakdown & Entry Zone
Looking at the intraday chart, WTI has been struggling to hold above resistance. We saw it try to bounce a bit earlier, but the 72.50 area, and certainly the 72.77 resistance, have proven tough to crack. My plan is to look for a short entry around 72.21. This level gives us a good risk-reward if we see a rejection or a retest of previous support that turned into resistance. The
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