النفط الخام
USOIL
1H
A descending channel appears, crude-oil lacks next active rise for the certainty of breakout.
A descending channel is considered to be a bullish price action formation with a downward bias that is used to signal a breakout higher when price breaks through the resistance.
It is not ruled out that a rangebound to 58.4 will form as downside pressure mitigates.