As shown on the chart, candlesticks patterns confirm on a 'daily' timeframe how Crude Oil is a buy. We can see that the respected level has finally being broken and with a continuous bullish candlestick. Patience will be needed at this point as the market tends to retrace to test that exact price level where it broke our resistance level to turn it into a support level before continuing its trend in an upward manner.
!!!!!! TRADE WITH THE BEST TEAM FOR REGULAR INDICATIONS AND ANALYSIS !!!!!!! BM_Forex Traders.... The Best Team For Trading.
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.