Crude oil Hourly, currently in downtrend.
Daily time frame forms new low after yesterday close.
If it closes below next demand zone in daily and weekly time frame, we can expect a good correction for the previous bull market.
If new high forms in hourly (reversal in hourly = buy sign) trade accordingly..
If it closes below next demand zone in daily and weekly time frame, we can expect a good correction for the previous bull market.
If new high forms in hourly (reversal in hourly = buy sign) trade accordingly..
Order cancelled
NEW HIGH FORMED
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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.