Crude oil price traded with strong negativity to break the intraday bullish channel's support to suffer clear losses and approach from retesting the previously breached neckline of the inverted head and shoulders' pattern that appears on chart at 44.80, which urges caution from the upcoming trading, as breaking this level will put the price under more negative pressure on the short term basis.
Therefore, it is important to monitor the upcoming trading, especially tomorrow's opening according to the mentioned level, waiting to rebound bullishly to resume the main bullish trend that its next target located at 48.37.