What Happens when a Trendline is Broken?

What Happens when a Trendline is Broken?

The oil trend-line break - when a trendline is broken it is a oil reversal trading signal where the crude oil market goes through the oil trend line & starts moving in opposite direction.

What Happens when an Upwards Oil Trendline is Broken?

When a trend-line is broken in an up oil trend - when a trend-line is broken then sentiment of the oil market trend direction reverses and becomes bearish

What Happens when an Upwards Oil Trading Trend-line is Broken - What Happens when a Oil Trading Trendline is Broken?

What Happens in Oil Trading after a Downward Crude Oil Trading Trendline is Broken?

When a trend-line is broken in down oil trend - when a trend-line is broken then sentiment of the oil reverses & becomes bullish

What Happens in Oil Trading after a Downward Crude Oil Trading Trendline is Broken?

NB: For very strong oil trends, when a trendline is broken the crude oil price will consolidate for some time before moving in the opposite oil trend direction. For short term oil market trends when a trendline is broken it will mean crude oil price direction might reverse immediately.