The breakout of Light Sweet Crude Oil APRIL 2020 through the 46.7100 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of Light Sweet Crude Oil APRIL 2020 to test 47.9480 within the next 9 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
After testing 46.7100 numerous times, Light Sweet Crude Oil APRIL 2020 has finally broken through. Can we expect a bullish trend to follow?
