As posted in my previous chart. I discussed that we are in a bearish cycle of the Crude Oil market. Since prices are reacting to a region of multiple fibonacci retracements, I believe that we may see a downward movement.
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.
