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strongEagle53738

Dubble Top & Rejection from 200 ema

Short
Crude Oil Futures (MCX:CRUDEOIL1!)  
strongEagle53738  
MCX:CRUDEOIL1!   Crude Oil Futures
Double Top or Bottom Support and Resistance Trend Lines mcxcrudeoil Commodities MCX Crude Oil
5
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doubletoporbottom supportandresistance trendline mcxcrudeoil commodities mcx crudeoil
Crude oil price again rejected from 200 ema in 1 Day time frame.

In 4h time frame clear formation of double top & falling RSI. Price may retest 6000 level, below 6000 level 5700 may also be possible.

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3rd rejection from same trend line with falling RSI
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CRUDE PRICE REJECTION FROM 200 EMA
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