Crude Oil Technical Analysis: WTI Bearish Potential Sub-60 2021-04-08 17:00:00 James Stanley, Senior Strategist
Crude Oil Technical Analysis Talking Points:
The analysis contained in article relies on price action and chart formations. To learn more about price action or chart patterns, check out our DailyFX Education section. Advertisement
Crude oil prices remain range-bound on a short-term basis, and there’s been little excitement over the past couple of days. There is, however, a possible strain of deduction that may be opening the door for a more decisive move. But first, the range that was looked at on Tuesday is shown below with updated price action since that last article was published.