March 6, 2014

CRUDE Oil Bearish price action


  • Crude oil breaks the 4 hour cloud.
  • Price trading below 20 SMA in daily time frame.
  • Crucial level to watch is the big round number at 100. This level acted as resistance recently so it may act as support. If 100 is not held bigger correction is possible.
  • TRIANGLE BREAKOUT - BANK OF AMERICA
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