Crude Oil Bearish Trend
We can see a nice and clear downside momentum on the crude oil prices and breaking of the bullish trend on the hourly chart
Therefore we can take sell position from the prices of 75.5 with protective stoploss above the last highest high at 76.5 with 100pips stoploss
And regarding our take profits target the first one will be at 73.40 and from there we can see numbers of 72.30 at the last bullish support
From that number we can start looking for bullish entry
Therefore we can take sell position from the prices of 75.5 with protective stoploss above the last highest high at 76.5 with 100pips stoploss
And regarding our take profits target the first one will be at 73.40 and from there we can see numbers of 72.30 at the last bullish support
From that number we can start looking for bullish entry
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