Light Sweet Crude Oil FEBRUARY 2021 has broken through a support line of a Rising Wedge chart pattern. If this breakout holds true, we expect the price of Light Sweet Crude Oil FEBRUARY 2021 to test 50.8925 within the next 19 hours. But don’t be so quick to trade, it has tested this line in the past, so you should probably confirm the breakout before placing any trades.
Related Posts
Brent Crude has broken through a level it has tested 3 times in the recent past.
A strong resistance level has been breached at 66.3745 on the 4 hour Brent Crude chart. Technical Analysis…
After testing the support line numerous times, Silver Spot is once again approaching this line. Can we expect a bearish trend to follow?
Silver Spot is trapped in a Channel Up formation, implying that a breakout is Imminent. This is a…
Silver Spot formed a Channel Up on the 4 hour chart. Retest of resistance in sight.
Silver Spot was identified at around 36.0735 having recently rebounded of the support on the 4 hour data…