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Light Sweet Crude Oil FEBRUARY 2022 – breach of price line thats been previously tested numerous times before

Light Sweet Crude Oil FEBRUARY 2022 has broken through a support line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 2 days and suggests a possible target level to be around 75.0910 within the next 7 hours.

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After testing 118.19 numerous times, Chevron has finally broken through. Can we expect a bullish trend to follow?

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FRA40 has broken through support of a Rising Wedge. It has touched this line at least twice in the last 7 days.

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