🛢️📉 Crude Oil Breaks Down: Brace for Aggressive Drop 💥🔻$60/b

By blacklegend55
It looks like the 45-minute breakdown has occurred, which could lead to a bearish trend in both the weekly chart and the February monthly candle.

Our swing trade has two targets:
- The first target is $60.
- The second target is $40.

Please note that this is a long-term trade and we're making this decision quite early.

Remember DXY is still very strong signalling that commodities in general are expected to be weak.

Chart PatternsTechnical IndicatorsoilpriceTrend AnalysisCrude Oil WTIusoilanalysisusoilpredictionusoilshort
blacklegend55
Again, the kingdom of heaven is like a merchant looking for fine pearls. When he found one of great value, he went away and sold everything he had and bought it.

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