Top 3 Things To Know Before Trading Crude Oil
On the 3 hour timeframe, crude oil has formed an ascending triangle pattern which is signaling the buying behavior of traders. The pattern is extending a strong support near $65.50 along with a resistance at $66.5. Historically, the ascending triangle pattern breaks upward, therefore, the violation of $66.45 is likely to lead the crude oil prices towards $67.40 and $68. Keep following for more updates...
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