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UnknownUnicorn129775

USOIL IDEA

Light Crude Oil Futures (NYMEX:CL1!)  
UnknownUnicorn129775 Updated   
NYMEX:CL1!   Light Crude Oil Futures
Oil Bearish Patterns Parallel Channel Crude Oil WTI brent Crude Oil Brent arabia saudi saudiarabia
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oil bearish parallelchannel usoil brent ukoil arabia saudi saudiarabia
Oil broke the bearish channel forming a new low around 27.50 $ after that it bounced hard and it's approaching to the channel support now resistance without any FA on it's favour.

We could see a perfect pullback to it or a break upside to recover the bearish channel.

Anyway nothing here changes the trend.

Happy Trading
Trade active:
Perfect pullback.
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