Reshalex

Possibly the bottom?

Long
FX:UKOIL   CFDs on Crude Oil (Brent)
Seems that the price touch the possibly bottom. Currently we closed upper than the 07/2009 support line and month downtrendline. I believe it should be strong support for the crude oil.. if the price break it - next level is 50 USD/barrel.. than 36.. let's see if the price can stop falling here..
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.