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🔻 Crude Oil Analysis – WTI Edges Lower at European Opening
💡 Session Focus: WTI and Brent Technical Setup & Trade Alert
📉 Market Opening Recap
At the start of the European session, WTI Crude Oil fell to $68.72, slipping from Tuesday’s close of $68.91. Simultaneously, Brent crude retreated to $71.56, down from $71.75.
🔍 Technical Insight & Trade Setup
🧠 Analysis at a Glance:
Price action signals short-term weakness, with WTI retreating within intraday range from key highs.
Traders are watching for a pullback toward $68.50–$68.40 zone for potential short continuation or reversal signal.
Bearish pressure may accelerate if WTI breaks below $68.30 — opening downside toward $68.00.
🔥 Traders’ Insight
"WTI is breaking down from intraday resistance zones, and early European weakness suggests follow-through is likely. Short opportunities between $68.50 and $68.40 align with broader bearish structure."
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⚠ Disclaimer: This is general information only—not financial advice. Always manage risk, and for personal guidance, consult a licensed professional.
