Crude oil appears to be resuming its upward trend.
Following a period of bullish accumulation, the price is currently violating both the neckline of an ascending triangle and a significant horizontal resistance cluster on the 4-hour timeframe.
It is anticipated that the price will continue to ascend, potentially reaching the 96.50 level in the near future.
Following a period of bullish accumulation, the price is currently violating both the neckline of an ascending triangle and a significant horizontal resistance cluster on the 4-hour timeframe.
It is anticipated that the price will continue to ascend, potentially reaching the 96.50 level in the near future.
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Join our Telegram channel
For daily market update 👇👇
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t.me/theacetradingbackup
For paid signal👇👇
t.me/Ask_linofx1
For daily market update 👇👇
t.me/TheAcetrading
Backup Channel👇👇
t.me/theacetradingbackup
For paid signal👇👇
t.me/Ask_linofx1
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.