This 1H chart of USOIL (WTI Crude Oil) shows a clear rising wedge formation approaching a strong supply zone near the $75.07 resistance level. The projection suggests a potential liquidity grab above the wedge, followed by a sharp bearish breakdown. The target for the drop is around $66.36, indicating a significant downside move after a failed breakout attempt. Price action traders should watch for bearish confirmation once the structure breaks.
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