Disclaimer My assumption is just for education purpose
Consult your financial analyst before taking any investment related decision.
From Last few Trading Sessions 57 58 was acting as a resistance level for crude
crude can show some bulllish retracement and bears can trap the bulls and push them further down to complete ABCD pattern
ABCD chart Pattern Under Construction Target would be near swing low 43 45 range zone
Inventory and economical News geopolitical tension may change the scenarios any time
Consult your financial analyst before taking any investment related decision.
From Last few Trading Sessions 57 58 was acting as a resistance level for crude
crude can show some bulllish retracement and bears can trap the bulls and push them further down to complete ABCD pattern
ABCD chart Pattern Under Construction Target would be near swing low 43 45 range zone
Inventory and economical News geopolitical tension may change the scenarios any time