![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiHhO9tnpxxTtmwHfDkzuZRWnCko6h-U1rBYf8AnotvF9cLphS0GF2yQ3C807DTR_NpslVWyqnAizBiGZxcAPrfmxm4HUE-kSh_7mH_Z7ei8SeOmPU5L3czNVP9lv-4-I6XUbyYcuNgW03M/s640/Crude+oil+one+hour+cloud.png)
- Crude oil daily chart getting support at 50 Day SMA for now.
- Weekly bearish setup remains intact. The bearish inverted hammer is followed by another bearish candle.
- One hour cloud is getting tested. Price if remains below it may be followed by another wave of selling. If price manage to close above the cloud a bigger bounce from 50 SMA can be seen.
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