Definition of Oil Trend Reversal and Meaning of Oil Trend Reversal
A oil trend reversal in oil is a change of direction of the current crude oil trend.
When an upward oil trend reverses the upward direction of the crude crude oil price movement is stopped & crude crude oil prices then starts to consolidate or move in the opposite direction.
When a downward oil trend reverses the downward direction of the crude crude oil price movement is stopped & crude crude oil prices then starts to consolidate or move in the opposite direction.
Oil Trend is the overall movement of the crude oil prices. once the oil market starts to move in one general direction then crude oil prices will keep moving in that direction until when the oil trend is reversed.
A oil trend can be upwards meaning crude oil prices generally close higher than where they opened or the oil trend can be downwards meaning crude crude oil price generally close lower than where they opened.
How to Trade Reversal Crude Oil Patterns – Oil Reversal Crude Oil Patterns Tutorials
To learn how to trade the oil reversal oil chart patterns trading setups use the above oil tutorials explaining examples of reversal oil chart patterns used in crude oil.
