We saw an aggressive downtrend in the terms of Crude Oil chart, after hitting one of its highest peaks, which counts 256 days with an approximately 42% decline from that peak, as of chart reveals, a bottom has been formed, but is invalid for continuing the downtrend, so, is it "before it's time" bottom? the long bear period tells us that a good possibility is that the answer is YES.
Trade aktif:
Upward movement started