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Will MCX Crude oil Come Back to 5500?

Short
Crude Oil Futures (MCX:CRUDEOIL1!)  
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MCX:CRUDEOIL1!   Crude Oil Futures
Support and Resistance Triangle Trend Lines Crude Oil mcxcrudeoil mcxcrude mcxcrudeoiltips freemcxtips freecommoditytips crudeoiltips economiccalendar crudeoilanalysis
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supportandresistance triangle trendline crudeoil mcxcrudeoil mcxcrude mcxcrudeoiltips freemcxtips freecommoditytips crudeoiltips economiccalendar crudeoilanalysis
Crude oil has broken March 2020 support trendline today. That is indicating a direct sell signal. If crude crossover & closes above to 5160 levels, then it can come out from the downtrend. And we may see 5300 - 5500 again.

According to the current breakout, MCX crude oil may hit the following levels: 4800 - 4760 - 4660 - 4590

Idées en relation

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Will Crude Oil Hit 5400 Next Weekend?
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MCX Crude oil: Ascending Triangle Pattern (TP 5112)
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