US OIL- IS US CRUDE OIL STARTING A BEARISH BIAS?

US OIL– Last June, this year, there was a massive conflict between Iran, the US, and Israel. Then crude oil broke its previous range. The range high was 65.38. And has made a gigantic bullish spike. The bullish spike was reached to the label 79.93. But what we had seen that day was 23-06-2025.In this day Us oil price after reached at the label 79.93 and with the same candle it also had fallen down to the label 67.86. After this in next day 24-06-2025 us oil price was trying to break the previous broken range high and key weekly resistance 65.38. But oil was not able to break the label. And it was a bear trap attempt . After this oil has been trading within a tight range. It was a very choppy movement. It has been continuing for more than two months. From the day of 31,7,2025, oil started a bullish momentum price movement. Last Wednesday, this week’s oil closed below the great previous SR label 65.38. Yesterday, US oil prices also made a bearish pin bar candle in the daily chart. It is a bearish rejection signal of the key daily weekly SR label 65.38. And we are seeing a bearish continuous price action pattern signal now. So, we can sell our oil- Entry- at price -64.20, set tp-61.26, and sl-65.67. It’s a swing trading recommendation. For this, wait for the trade result over the weekend.