CRUDE OIL : DOWNTREND | FIBO PULLBACK ON 61.8% | FALL SHORT 🔔

The technical view show how the value of crude oil is within a Bearish channel where the price has found two obstacles: The dynamic resistance of the bearish channel and the Fibonacci retracement 61.8%. The stochastic is in overbought with divergence and the volumes decrease, followed by a red candle that today breaks the moment of sydeways started on August 21st.

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