Crude Oil at a key level for possible reversal.
Updated
Crude Oil did reach a key area, where we have previous structure resistance, 61,8 Fibonacci retracement and Monthly R1. We also have a hidden bearish divergence on RSI daily TF. I will start looking for bearish evidence on 1-4H TF here in this kill zone where the price is testing.
Note
Nice structure break on 4H TF, if you missed the first down move then wait for a correction or retest for next leg down.
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