Crude Bearish continuation in Descending triangle formation

Feb 27, 2020

The chart of crude oil telling the story itself that it is travelling into a bigger Descending Triangle formation and currently trading with in the channel which depicts that it will touches soon its possible support level @ 43.50 of the channel. Any bounce can be seen from there. Traders are using the selling on every rise which is already shown in the chart. If breaches the level of channel support, a huge downside can be open for the oil.

Feb 28, 2020

Trade active

Trialing my STOP LOSS and thats what we were talking about.

Feb 29, 2020

Trade closed manually

Approx target reached once, booked profit around 43.80

Apr 21, 2020

Note

New trade activated @ 20 levels and booked profit yesterday.