The breakout of Light Sweet Crude Oil DECEMBER 2021 through the 83.9600 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, Light Sweet Crude Oil DECEMBER 2021 could test 86.0420 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout.
Related Posts
Gold Spot has broken through a resistance line. It has touched this line numerous times in the last 3 days.
Gold Spot has broken through a line of 3649.8000 and suggests a possible movement to 3664.0825 within the…
Interesting opportunity on Brent Crude after breaking 67.43627777777779
Brent Crude moved through the support line of a Pennant at 67.43627777777779 on the 4 hour chart. This…
Natural Gas formed a Channel Down on the 1 hour chart. Retest of resistance in sight.
Natural Gas is trapped in a Channel Down formation, implying that a breakout is Imminent. This is a…