Light Sweet Crude Oil AUGUST 2021 has broken through a support line of a Rising Wedge and suggests a possible movement to 72.6441 within the next 12 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 3 days.
Related Posts
Will Gold Spot break through the resistance level it tested before?
Gold Spot is en route to a very important line that will be a definite deciding factor of…
After testing the support line numerous times, Natural Gas is once again approaching this line. Can we expect a bearish trend to follow?
The movement of Natural Gas towards the support line of a Channel Up is yet another test of…
Important support line being approached by Natural Gas. This price has been tested numerous time in the last 15 days
Natural Gas is moving towards a support line which it has tested numerous times in the past. We…