My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
September 23, 2013
CRUDE Oil chart analysis
Crude oil 4 hour chart shows breakdown from triangle pattern.
Daily chart is nearing crucial support zone between 102.10 - 102.70. Fib levels too shows price near crucial fib level of 38.2% Fib level which may act as support. For a bigger fall price has to break below this zone.