Oil has been riding that trendline to new heights, but the more times a trendline is tested, the weaker it gets. this theory has held true once more as price has broken below this MAJOR trendline. A break of structure can also be spotted as price retests previous areas of support as resistance.
A bearish market is what I am strongly anticipating, and sells I shall look for. Hoping to use the profits for some gas money!!😂