What are the Different Types of Oil Trends? Examples of the Two Oil Trend Types

The two different types of oil trends are upward oil trend and downward trend.

Upward Oil Trend

Upward oil trend is a bullish oil market movement where crude oil prices generally close higher than where they opened.

An upward oil trend can be identified by drawing an upwards oil trend line on the crude crude oil price chart.

Oil Trend Trading Guide:How to Trade Upwards Bullish Oil Trend

Upwards Oil Bullish Market Oil Trend - Definition of Types of Trends in Crude Oil Trading

Downwards Crude Oil Trend

Downward oil trend is a bearish oil market movement where crude oil prices will generally close lower than where they opened.

A downwards oil trend can be identified by drawing a downward oil trend line on the crude crude oil price chart.

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Downwards Oil Bearish Market Oil Trend - Definition of Types of Trends in Crude Oil Trading