Crude oil bearish set up, 4 Hours trendline respected to a tee
As you can see the 4 Hour trendline is respected to a T.
The fact that recent bullish correction was abruptly stopped with a significant sell off followed means that selling pressure is above the average. It will be tested on Monday September 30th when geopolitical tensions in the Middle East will be absorbed by the market.
The fact that recent bullish correction was abruptly stopped with a significant sell off followed means that selling pressure is above the average. It will be tested on Monday September 30th when geopolitical tensions in the Middle East will be absorbed by the market.
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