Consolidation underway after sell signal above the cloud at 7$2. WTI did not find support at the bottom cloud level of 68.60, but sliced right past it, towards next cloud level of 67.06. Now close to testing support at old cloud chart support levels of 65.95.
Downside risk towards old cloud chart support level at bottom end of the cloud at 63.81! Rebound potential at this level!
Lots of cloud cross sell signals triggered on the 60 min chart. Short term swing trades towards bottom end cloud resistance zone!
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