Crude has been falling continuously for last five months, we have to see whether any further down sides exists or not. The above chart is of Brent crude as of not is at around USD80. It can be seen in the chart that brent is exactly at the trend line of last 15 years. During these years it has not broken below it so we can expect the crude to bounce from these levels. Also not that the 200 month EMA is around 72 levels and during last one and half decades it did not go below it heavily it bounced from it two times during last one decade. So we can say that crude is at-least bottoming out and we can expect bounce from current levels or on slighly moving from these levels. 

May all be Peacefull and Happy
M.Mahiidar
Enjoying Life
Trend is Friedn.