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What are the Different Types of Oil Trading Trends? Examples of the Two Oil Trading Trend Types

The two different types of oil trends are upwards oil trend & downwards trend.

Upward Oil Trading Trend

Upward oil trend is a bullish oil market movement where oil trading prices generally close higher than where they opened.

An upwards oil trend can be identified by drawing an upward oil trend line on the crude oil price chart.

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Downwards Crude Oil Trading Trend

Downward oil trend is a bearish oil market movement where oil trading prices generally close lower than where they opened.

A downward oil trend can be identified by drawing a downwards oil trend line on the crude oil price chart.

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