Crude Oil is in a free-fall state making lower lows consistently.
It is attempting a mild pullback now, but we don't expect it to last longer.
We expect the pullback to stop and the downtrend to resume at the trend line. Hence traders can initiate a short position at the trend line.
It is attempting a mild pullback now, but we don't expect it to last longer.
We expect the pullback to stop and the downtrend to resume at the trend line. Hence traders can initiate a short position at the trend line.