USOIL WTI CFD Weekly - 3 - 7 Aug 2020

Clearly price is setting up a out-of-the-box movement towards outside the channel and indicates change of trend is confirmed.

Bearish on the move!

A drop on Crude Oil, we are looking from our technical view this week might head towards below $40 per barrels.
PitchforksSupport and ResistanceTrend Analysis

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