CL_F testing a good support base
Crude is testing a good long term support reference at 55.80 areas, if we break through we are in for a swift test of 55.2 and 54.90.
thesis invalidated on hold above 56.20 areas
thesis invalidated on hold above 56.20 areas
Note
We did the 55.20 areas and have pulled back now. Now a hold above the 56.20 areas is a bullish intermediate trend further confirmation will be a hold into the 56.70 areas the next resistance areas.
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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.