crude oil trend analysis step-3 do remember crude oil value is derived from usoil. crude oil misses out the 4hrs trading we do the analysis in the usoil and do the trade in crude oil. In the daily tf we could see a clear consolidation at the resistance level.If the candle takes support at the resistance line we could see a clear uptrend.wait for the exact opportunity. In the earlier times we could see the buying pressure at the current level.Happy trading.
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