Light Sweet Crude Oil AUGUST 2020 has broken through a resistance line of a Pennant and suggests a possible movement to 40.5391 within the next 16 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 7 days.
ARTÍCULOS RELACIONADOS
Gold Spot is approaching a support line of a Falling Wedge. It has touched this line numerous times in the last 8 days.
Gold Spot is trapped in a Falling Wedge formation, implying that a breakout is Imminent. This is a…
After testing the resistance line numerous times, Brent Crude is once again approaching this line. Can we expect a bullish trend to follow?
Brent Crude is heading towards the resistance line of a Rising Wedge and could reach this point within…
Important support line being approached by Gold Spot. This price has been tested numerous time in the last 8 days
Emerging Falling Wedge detected on Gold Spot – the pattern is an emerging one and has not yet…