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Lower crude oil prices are expected if it is fixed below ~25.5
Light Crude Oil Futures
Lower crude oil prices are expected if it is fixed below ~25.5
By Forza
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Updated
Mar 20, 2020
3
Mar 18, 2020
Lower crude oil prices (CL1!) are expected if it is fixed below ~25.5 ...
Details are shown in the image.
Mar 18, 2020
Note
level 23.00 was touched.
If price holds below this level, I expect a further downward move toward 19.5!
Mar 19, 2020
Note
It would be the end of the fall in crude oil if the price can hold above 23.00 and then above 27.5...
Mar 20, 2020
Note
As I mentioned in the previous comment, 27.5 is an important level and now the price is trying to stay above this level ...
Mar 20, 2020
Note
price failed to stay above 27.5...
Mar 23, 2020
Note
price is struggling to hold above 23.00 level after failed to stay above 27.5 ...
Mar 31, 2020
Trade closed: target reached
Trend Analysis
Forza
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