Light Crude Oil Futures
Long
Updated

Crude Oil upward trajectory !!

CL1!

Crude oil is moving upwards by marking HH @ 95 and HL @ 81.5,
81.5 is .786 fib support from previous low),
Curved parallel channel suggests that max downward should be around 79; which is .886 fib level from 77.71),
97 & 104 will be crucial level in coming weeks as resistance.

Trade closed: stop reached
broke the channel and never entered it till date to achieve the target.

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