My blog tries to Analyse the trend and patterns of stocks, Futures, Commodities and Forex Markets
August 11, 2015
Crude oil 4 Hour chart update
Crude oil falling resistance line and cloud continues to act as stiff resistance. Price is violating the daily support zone. Bigger correction if this level is not held. A reversal from the current levels can be only confirmed if price is able to sustain above the 4 hour cloud.