What Happens in Oil Trading after a Down Trend Line is Broken?
What Happens when a Down Trendline is Broken?
Downwards oil trend line break – when a downwards trendline is broken it's a oil reversal trading signal where the oil market goes through the oil trend line & starts moving in the opposite direction.
What Happens in Oil after Downwards Crude Oil Trendline is Broken?
when a trendline is broken in a downward oil trend – when a trend-line is broken then sentiment of the oil reverses & becomes bullish
What Happens when a Downwards Oil Trendline is Broken? – What Happens when a Oil Trend Line is Broken?
NB: For very strong oil trends, when a oil trend line is broken the crude crude oil price will consolidate for some time before moving in the opposite oil trend direction. For short term oil market trends when a oil trend line is broken it will mean crude crude oil price may reverse immediately.