Looking at familiar pattern M top, price made twice reversal on key level fibo 3.82 resistance and targeting price to move back towards possibilities inside the channel
Stronger WTI crude oil would and US Dollar weakness would sync into our analysis, however we are looking at long term trend is still on strong bearish
Breaking above trendline resistance on weekly would confirm a towards a change into bullish trend
Stronger WTI crude oil would and US Dollar weakness would sync into our analysis, however we are looking at long term trend is still on strong bearish
Breaking above trendline resistance on weekly would confirm a towards a change into bullish trend