WTI just had a pretty strong sell-off, and the move down was fast and aggressive. When the market drops like that, it usually leaves some imbalances (FVGs) behind, which often pull price back before the next move.
Right now price seems to be stabilizing around the 95–97 area, but there’s still a noticeable imbalance above that could attract a pullback if buyers step in.
What I’m watching right now:
• A possible retracement into the FVG / supply area where sellers might step in again.
• Or if the bearish momentum continues, we could see another move down toward the 94–92 zone.
Moves like this rarely go straight in one direction, so a bounce before the next leg wouldn’t be surprising.
Just sharing my perspective on the chart — always interesting to hear how others are reading it.
What do you think?
Do you expect a pullback first, or more downside from here?
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