US OIL H4

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Price following a downtrend making lower lows & highs. Price following a descending channel, where I will anticipate a pullback to set a higher low at the channel trendline along with resistance above for a reversal back to the downside to create a new lower low.
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snapshot H2: Another scenario could be that price finds a supply zone above & breaks through the counter trendline for a further move to the downside
OilSupply and DemandSupport and ResistanceTrend AnalysisCrude Oil WTIWTI

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