March 26, 2015

CRUDE Oil chart update

  • Crude oil daily chart broke above the cloud. As discussed earlier the cloud resistance was not strong where the daily candle was targeting.
  • Weekly chart is trying to form a bullish pattern.
  • For crude oil bulls price need to stay above 100 SMA and 54 levels to keep this up move going.
  • Crude oil nearing the cloud

1 comment:

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    Mcx Tips