CRUDEOIL at the verge of a breakout while Nifty falls

CRUDEOIL at the verge of a breakout after traders booked profits from equity. It is supposed to pump money in commodity market.
Other Technical Reasons:
1) Taken support
2) Crossed 20 EMA
3) Good Volume Support
4) About to form ‘Three white soldiers’ pattern
Beyond Technical AnalysisMoving AveragesSupport and Resistance

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