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Light Crude Oil Futures

CL1! objective $47 will determine Bullish trend consolidation

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  • Possible beginning of a lateral channel. Base $44 / $47 Roof
  • Bullish MACD, rising histogram that needs strong volume as this price zone is highly dominated by bears
  • Bullish MA15, cut up the price line two days ago. The objective is to beat the resistence marked by a double floor registered on $47 at March 2017
marketmakerBA
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Chart PatternsCrude Oil Futures WTI (CL1!)Fibonacci RetracementTrend Analysiswticrude

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Chart PatternsCrude Oil Futures WTI (CL1!)Fibonacci RetracementTrend Analysiswticrude
marketmakerBA
Also on:

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.