Price broken out of a falling wedge and has continued making lower lows and lower highs.
Price also retracted from the fib golden zone.
There is also a downward moving average cross with a massive momentum bear candle on the higher time frame.
I expect oil to reach the next support level.
Price also retracted from the fib golden zone.
There is also a downward moving average cross with a massive momentum bear candle on the higher time frame.
I expect oil to reach the next support level.
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