My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
April 29, 2014
CRUDE Oil chart analysis
- Crude oil daily chart shows price violating the up trend line. Sustaining below the trend line may extend the fall towards the shaded support levels.
- Golden ratio is shown in 4 hour chart. Hope for crude oil bulls if price holds above the golden ratio.
- Last chart shows price testing lower BB. Closing the day below lower BB May extend the fall.
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