Crude oil is moving in an ascending triangle which faces long term resistances at 41.6-42.4. Focus should be either on a breakdown from ascending triangle or breakout from 41.6-42.4 resistance for major move.
Meanwhile, one can play the range keeping lower end of ascending triangle as SL and look for 41.6 USD.
Views are for educational Purpose only.
Meanwhile, one can play the range keeping lower end of ascending triangle as SL and look for 41.6 USD.
Views are for educational Purpose only.