#CRUDEOIL || 28 Dec || Intraday setup
TimeFrame: 45 Mins
The parallel channel in the market suggests a prevailing trend. After a
recent upward movement, there's currently a downside trend of more
than 50 points.
Additionally, the formation of three bottoms indicates a potential reversal
in the direction of the trend after touching parallel support
Give it a thumbs up if you agree and support👍 🚀
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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.