Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Light Crude Oil Futures
Long
Oct 16, 2022
CL is consolidating => toward a bullish move ?
0
Grab this chart
Grab this chart
CL1!
The 4h analysis shows that CL has already broken the bearish rectangle (R1 of 88) and now it would be ready to take off.
The price has broken the support of R1 and now it's in pullback on the major support S1 of 85 dollars.
A bullish move would be expected to achieve the first major resistance T1 (94.8).
Stay tuned and keep in touch!
Anasios78
Follow
Also on:
Chart Patterns
Harmonic Patterns
Trend Analysis
Anasios78
Follow
Also on:
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
.