Tough week for the Crude, so far we have witnessed more than 4$ drop in 2 days...
Now we are at the bottom of the tunnel and hitting daily MA50. It was exactly 11 $ since the top. The same happened in July.

I believe that we have finished with the sell-off and see a horizontal movement till the end of the week!
I will see how the market reacts to the report today and put my long trade.

Target 71.8 with stop loss 65.8

Good Luck!
crudeCrude OilTrend AnalysisCrude Oil WTIWTI

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