WTI Crude Oil | Close To Bearish Expansion
Price remains in a primary distribution phase, with expansion expected once 58.157 breaks.
Technical Overview
H4 structure continues to compress under the descending trendline, with repeated failure at 59.4–59.7 reinforcing seller control; a clean break of 58.157 is required to activate the next expansion leg down.
Bias
Short bias remains intact until H4 closes above 59.429.
Path
58.157 (expansion trigger) → 57.307 → 56.422