Crude oil had crossed the long-term falling trendline. However, it couldn’t sustain at the higher level and tumbled sharply from...
Read moreCrude oil recently formed a pullback that retraced nearly 50% of the previous fall. In terms of classical technical patterns,...
Read moreCrude oil had taken off from the key weekly moving averages. It had formed an inside bar on the weekly...
Read moreCrude oil has taken off from the key weekly moving averages. It has formed an inside bar on the weekly...
Read moreMCX Crude oil has formed a five wave decline on the daily chart. It is now moving up from the...
Read moreCrude oil tested the high of $103.4; however the bears brought in selling pressure. Consequently the oil could not sustain...
Read moreAfter surpassing the upper end of the rising channel as well as a crucial falling trendline, crude oil is in...
Read moreOn the weekly chart Crude oil had formed an ‘engulfing bull’ in the penultimate week. As a follow through of...
Read moreIn case of Crude oil the triangle turned out to be a second wave of the pullback. The pattern broke...
Read moreAs the daily chart shows, for the last few days crude oil is trading in a sideways manner. Despite multiple...
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