Nickel has formed Inverse Head and Shoulder and have broke out once and retested again. Nickel is again crossed 975 and is ready for a upmove till 1050-1080.
PS: Views are for educational purpose only.
Crude oil is moving in an ascending triangle which faces long term resistances at 41.6-42.4. Focus should be either on a breakdown from ascending triangle or breakout from 41.6-42.4 resistance for major move.
Meanwhile, one can play the range keeping lower end of ascending triangle as SL and look for 41.6 USD.
Views are for educational Purpose only.
Crude Oil has moved swiftly from April lows and facing stiff resistance at 41.61-42.4 USD levels. If crossed weekly, we may see 50 USD in long term. Sharing Short Term View in Daily Chart in another Post