Crudeoil has come out of upward moving channel on lower side. Target of breakout is $56. It has also formed triangle after breakout which is a continuation pattern. It is expected to fall on break of $ 60.50 for target of 56.50 and stop loss of $ 62 .
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.