Crude oil is retesting key daily structure support.
on hourly chart, the price is steadily falling within a bullish flag pattern.
in case of a bullish violation of its resistance, chances will be high that the price will start growing.
goals:
38.2
39.0
in case of bearish violation of a yellow potential reversal zone, setup will be invalid
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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.