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.
ARTÍCULOS RELACIONADOS
An unexpected large move has occurred on Gold Spot 1 hour chart! Is this a sign of something new? What can we expect?
Gold Spot has moved lower by 1.24% from 2809.29 to 2774.58 in the last 3 days.
A possible move by Brent Crude towards 78.1084
The breakout of Brent Crude through the resistance line of a Triangle could be a sign of the…
Brent Crude is approaching a support line of a Falling Wedge. It has touched this line numerous times in the last 5 days.
A Falling Wedge pattern was identified on Brent Crude at 76.452, creating an expectation that it may move…