WTI Crude oil bounce or continuing free fall?

TVC:USOIL   CFDs on WTI Crude Oil
Just an observation really.

Oil has been free falling from 76 ( ish ) within a channel for the past month;

It has also just crashed out of the bottom of the channel it's been moving in since Jan/Feb 2016;

Again, part of a larger channel;

I'm curious to see if bulls manage to catch a bounce and push it back in to the channel :)


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