Daily Analysis On Crude Oil
Expecting some downside here.
Crude tried to break current resistance but failed too, price then ended up closing on a bearish shooting star two days in a row.
We also saw price form a ACBD pattern on the 4HR chart so in the shorter term we could see price find support around previous resistance.
So expect a small pullback here before we start to see price slide.
Will keep you updated as the days go on.
- CrudeSignals
Crude tried to break current resistance but failed too, price then ended up closing on a bearish shooting star two days in a row.
We also saw price form a ACBD pattern on the 4HR chart so in the shorter term we could see price find support around previous resistance.
So expect a small pullback here before we start to see price slide.
Will keep you updated as the days go on.
- CrudeSignals
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