Crude Oil after a monstrous rally has lost its downward momentum.
It is currently in a falling pattern and at its supportive trendline.
Hence we expect a pullback from its current levels, subject to a bullish breakout from the falling wedge pattern.
It is currently in a falling pattern and at its supportive trendline.
Hence we expect a pullback from its current levels, subject to a bullish breakout from the falling wedge pattern.
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.