A great rally in crude since breaking past top end cloud chart resistance zone at $50. Now the old high of $59.49 is the new support zone. Consolidation risk remain, and do expect pullbacks in this rally. Front cloud still indicate an uptrend.
Wednesday 8 November 2017
Brent Crude: Steady grind higher with cloud as support zone!
Brent Crude: Steady grind higher with cloud as key support zone!
A great rally in crude since breaking past top end cloud chart resistance zone at $50. Now the old high of $59.49 is the new support zone. Consolidation risk remain, and do expect pullbacks in this rally. Front cloud still indicate an uptrend.
A great rally in crude since breaking past top end cloud chart resistance zone at $50. Now the old high of $59.49 is the new support zone. Consolidation risk remain, and do expect pullbacks in this rally. Front cloud still indicate an uptrend.
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