After a sharp decline yesterday, crude oil managed to bounce back from the support zone.
currently, crude oil broken out from trendline resistance as per hourly chart and sustained above the supply zone.
Next immediate resistance or expected targets on the upside are marked in red line on the chart.
Disclaimer: This is just a view and only for educational purpose. follow your own trading setup before initiating any trade.
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currently, crude oil broken out from trendline resistance as per hourly chart and sustained above the supply zone.
Next immediate resistance or expected targets on the upside are marked in red line on the chart.
Disclaimer: This is just a view and only for educational purpose. follow your own trading setup before initiating any trade.
follow us for more such information.
Kommentar:
did not sustain above supply zone.
