Short Position
The Crude oil is fluctuating in an uptrend channel, which has faced a downward trend after colliding with the channel's ceiling and creating a negative divergence. This trend is expected to continue to decline to 61.8% Fibonacci entrancement.
Trade closed: stop reached
Fail
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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.