WTI Crude Oil: Testing Trendline Yet Again
From dailyforex.com
The West Texas Intermediate Crude Oil market has fallen significantly during the trading session on Monday as traders finally came back to work from the Easter holiday. However, we have popped back above the uptrend line that had been pierced, so it is at least trying to hang onto its uptrend. All that being said, if we break down below the lows of the trading session on Monday, I think that kicks off the next leg lower, based upon the massive 9% selloff we had seen a couple of weeks ago. Please tell me you have not forgotten that day. Thursdays typically means something over the longer term, because when you take ...
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