Oil price is desending in this bearish channel for months. I think that $30 is a great support level (both technical and psycological). It could retrace up till the top of the channel prior to break $30 down
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.
