on hourly chart crude is making lower highs
price opened gap down and made a pullback
candles on 15m looks weaker on green side and strong on red side
indicating selling pressure
next support or target will be 7300-7200
As crude oil is continuously moving in an undecisive manner, not giving many moves to go long now, we can see a good move from it.
the triangle breakout will give us a good long and short position in the upcoming weeks.
Levels that are holding the immediate support are 85.50 for the short-term period and 82.00 for the long-term period.
levels that are ...
After a long rally and a series of higher highs & higher lows we are seeing Head & Shoulder pattern at the top of chart in CRUDE suggesting some correction in prices. MACD has also shown divergence, untill the price stays below neckline of the pattern we can see more decline in prices of Crude till 5900 to 5700. Break of the neckline and right shoulder will...
ones it breaks b point with momentum and stay above that then target is quite big and if couldn't able to cross this line resistance then one can short
![CRUDEOIL1!: Crude Buy and Sell Zone Marked [For 3rd October ++]](https://s3.tradingview.com/i/I5v1q1eH_mid.png "Crude Buy and Sell Zone Marked [For 3rd October ++]")
