$CL Failed to touch it's previous structure high and now holding a trendline support what next?
If $CL successfully breaks it's trendline support which is at 77.3 level then we can expect massive downtrend movement....
But there is a risky sin for short traders.... If $CL breaks up trending resistance line it can go easily 82 level again.... up trending resistance is at 78.3 level...
High provability is to the downside
If $CL successfully breaks it's trendline support which is at 77.3 level then we can expect massive downtrend movement....
But there is a risky sin for short traders.... If $CL breaks up trending resistance line it can go easily 82 level again.... up trending resistance is at 78.3 level...
High provability is to the downside