Oil Update

My last analysis was from high up on the Monthly, I wanted to zoom in to get a closer look at price.

Am I Bearish or Bullish? Bearish.

I believe price will continue to break down, it's only a matter of time. I also believe that it's possible for a rise in price, but now isn't the time for that so to look for longs would be very risky on the capital. These are some of the best times to work on patience since that's one of thee main ingredients to success in this field. Stay safe & Happy Trading!