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!!😂
USOIL
Happy Trading!!
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!!😂
USOILHappy Trading!!
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