Crude Oil CROSSROAD! Reversal or Breakout? 12.03
76.80-77.10-20 is a crucial resistance level.
A break above may lead quickly towards 80.80 and beyond.
Keeping below may lead to retest of 74.90 to 73.20 support trend-line.
74.90 is the trend-line, 73.20 is a cluster of horizontal support.
Keep to the range and be patient!
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I do advise practicing caution while trading, especially leveraged products.
Do your own research and never trade what you cannot afford to lose.
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A break above may lead quickly towards 80.80 and beyond.
Keeping below may lead to retest of 74.90 to 73.20 support trend-line.
74.90 is the trend-line, 73.20 is a cluster of horizontal support.
Keep to the range and be patient!
--------------------------------------------------------------------------------------------------------------
I do advise practicing caution while trading, especially leveraged products.
Do your own research and never trade what you cannot afford to lose.
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