Light Crude Oil Futures
Long
Updated

CL-OIL Trading Signals Daily Analysis

146
after a chart study, the price of CL-OIL will normally fall in a few days, but as you can see, I have drawn 2 fields (red and green) which are resistances that the chart will try to break to clarify the Next trendCL1!CL1!, if we break the green resistance it means the start of an uptrend, and if we break the red resistance down, it will be the start of a downtrend.
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as we see the chart broke the line between the green and the red areas, it mooved from the red one to the green one, that means a start of a new trend (uptrend).
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