- The Descending triangle in daily chart shows the near 500 points breakdown. Price broke down,bounced from 200 Day SMA, Retested the broken triangle and fell again.
- Price is testing 200 SMA again. Bears trying to keep price below the crucial moving average. But for bears the crucial number will be 8000.
- Hour chart shows immediate support zone between 8000 and 8100.
- CRUDE Oil chart analysis
No comments:
Post a Comment