Crude oil continues to fall after we saw a squeeze over $70, the question is how low will it go? Today we look at the technicals and so far, still more downside to go. Combine with a monthly candle, the break of the downtrend line may be a false break, or it may not. Only time will tell...
Happy Trading, folks!
Cheers.
Happy Trading, folks!
Cheers.
Trade closed manually
Well, had I paid attention to the fundamentals I would've known that it wasn't a false break. blah
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.