Crude Oil Uptrend Angle on Monthly
This chart demonstrates that the angle of the current uptrend is the same as the angle of a previous major rally. The uptrend lines are parallel. It also shows that price has broken out of a downtrend and above all relevant (in my opinion) horizontal resistance.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.