A number of Technicals stacking up here including fundamental bias looking bearish for Oil Mid-term.
We could be forming the second lower high of a downtrend set to commence, including this we are at the 61.8 FIB Retracement mark. Orange zone marks Daily timeframe.
We could be forming the second lower high of a downtrend set to commence, including this we are at the 61.8 FIB Retracement mark. Orange zone marks Daily timeframe.