Just an observation really.
Oil has been free falling from 76 (ish) within a channel for the past month;
It has also just crashed out of the bottom of the channel it's been moving in since Jan/Feb 2016;
Again, part of a larger channel;
I'm curious to see if bulls manage to catch a bounce and push it back in to the channel :)
Oil has been free falling from 76 (ish) within a channel for the past month;
It has also just crashed out of the bottom of the channel it's been moving in since Jan/Feb 2016;
Again, part of a larger channel;
I'm curious to see if bulls manage to catch a bounce and push it back in to the channel :)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.