Crude Oil Update (4-Hour Timeframe) Chart Analysis
๐ข Current Price: 6943
๐ Phase 1: If Crude Oil sustains above 5928, potential targets are:
Target 1: 6090
Target 2: 6300
Target 3: 6500
Stop-Loss: 5780
๐ Pattern Formation: Rising wedge, signaling a potential upside breakout. Watch closely for confirmation!
โ ๏ธ Risk Management: Don't forget to set your stop-loss to protect against unexpected volatility.
๐ Disclaimer: This is technical analysis, not financial advice. Past performance doesnโt guarantee future results. Trade wisely!
โค๏ธ If this post helps you, don't forget to like!
#CrudeOil #ChartAnalysis #TechnicalAnalysis #OilMarket #Trading
๐ข Current Price: 6943
๐ Phase 1: If Crude Oil sustains above 5928, potential targets are:
Target 1: 6090
Target 2: 6300
Target 3: 6500
Stop-Loss: 5780
๐ Pattern Formation: Rising wedge, signaling a potential upside breakout. Watch closely for confirmation!
โ ๏ธ Risk Management: Don't forget to set your stop-loss to protect against unexpected volatility.
๐ Disclaimer: This is technical analysis, not financial advice. Past performance doesnโt guarantee future results. Trade wisely!
โค๏ธ If this post helps you, don't forget to like!
#CrudeOil #ChartAnalysis #TechnicalAnalysis #OilMarket #Trading
Trade active
Crudeoil made high of 6080, near to our first target !!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.