July 27, 2017

CRUDE Oil chart analysis

  • 4 Hour chart shows price breaking above a crucial resistance line. Pattern in four hour is a possible basing formation for further high's. Bullishness will sustain if price continue to stay above 48 levels.
  • If price stays above the resistance line then it could target 50 and can also move towards 52 levels. Weakness resumes below 48.
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