Looks like a good opportunity to short crude, targeting rising trend line as a first target. A break below the trend line should confirm another test of prior lows.
Note that a stability (closing) above 34.50 may negate this trade idea..
For Trade ideas and daily updates: thefxchannel.com .
Best Regards
Technician
Note that a stability (closing) above 34.50 may negate this trade idea..
For Trade ideas and daily updates: thefxchannel.com .
Best Regards
Technician