Oil is staring down the barrel of a bearish breakdown

A stronger USD, prospects of a deregulated oil market alongside disappointment with China stimulus and weighed on crude prices on Monday. WTI is toying with a bearish breakout of a pattern which projects a downside target around the mid 50s. But how realistic is that? Let's take a look.

MS.
Beyond Technical AnalysisCrude Oil Futures WTI (CL1!)crudeCrude OilHead and ShouldersPivot PointstrumptrumptradevideoWTIwticrudewticrudeoil

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