#oil
*WTI Crude Oil Crashes $2.80, 86.20 To 83.40 In Vertical Dump*
*Current*: ∼83.40 | *Drop*: 86.20 → 83.40 = *-3.25%* in hours
WTI CFD chart shows brutal sell-off. Price consolidated 86.20-85.80 till 12:00, then 13:30 candle broke 85.00 support. No bounce. 15:00 candle = vertical red candle to 83.40 = liquidation wick. No support held between 85.00-84.00.
*Key Points*
1. *Breakdown*: 85.00 = key level. Break + close below = panic selling. Next support 83.40, then 82.80.
2. *Momentum*: 5 red candles in a row after 13:30 = bearish engulfing + high volume. 86.40 rejection = supply zone confirmed.
3. *Risk*: Oil CFDs = $10 per $0.10 move per lot. $2.80 drop = $280/lot. No wick recovery = sellers in control.
*Rule*: Below 85.00 = bearish. *83.40 break* = next target 82.50. *86.20 reclaim* = invalidation, flip bullish.
*Disclaimer*: Educational only, not financial advice. Crude Oil = news-driven volatility. CFDs have leverage risk. Use SL always.
*WTI Crude Oil Crashes $2.80, 86.20 To 83.40 In Vertical Dump*
*Current*: ∼83.40 | *Drop*: 86.20 → 83.40 = *-3.25%* in hours
WTI CFD chart shows brutal sell-off. Price consolidated 86.20-85.80 till 12:00, then 13:30 candle broke 85.00 support. No bounce. 15:00 candle = vertical red candle to 83.40 = liquidation wick. No support held between 85.00-84.00.
*Key Points*
1. *Breakdown*: 85.00 = key level. Break + close below = panic selling. Next support 83.40, then 82.80.
2. *Momentum*: 5 red candles in a row after 13:30 = bearish engulfing + high volume. 86.40 rejection = supply zone confirmed.
3. *Risk*: Oil CFDs = $10 per $0.10 move per lot. $2.80 drop = $280/lot. No wick recovery = sellers in control.
*Rule*: Below 85.00 = bearish. *83.40 break* = next target 82.50. *86.20 reclaim* = invalidation, flip bullish.
*Disclaimer*: Educational only, not financial advice. Crude Oil = news-driven volatility. CFDs have leverage risk. Use SL always.