WTI Crude oil sell-off have found support at the upper part of the consolidation area at around 72.65.
RSI is negative with no divergence indicating we could see a last exhaustive bearish move in WTI into the Consolidation area. A close below 77 could fuel an exhaustive move to around 67.50.
RSI is forming a falling wedge like pattern. If breaking above the upper falling trendline it could be signal of the downtrend in WTI is over and a reversal could be seen
To demolish the current bearish trend a close above USD 80 is needed. An RSI close above upper falling trendline could be first indication of that scenario to play out