On the other hand, the main trend is still and maybe we are in a correction phase.
Moreover, price has approached to the strong (71.00) which has been tested for several times before.
There is a negative regular divergence between and price highs:
Although price has made higher highs, has made lower ones which means there is a high probability of a reverse.
If price can’t break the to the upside and there was any confirmation pattern in lower time frames, we can expect a drop on US Oil around (67.60 - 66.60) which is a .