Clearly crude is in uptrend but seems that it wants a correction.
Both buying & selling pressure is visible in past 4-6 days.
Be careful while watching price action in any of the blue channel, market may reverse after touching or entering any of the channel drawn above.
Red lines may be a next target, if price crosses the channel satisfactory.
Note : Only for educational purpose
Both buying & selling pressure is visible in past 4-6 days.
Be careful while watching price action in any of the blue channel, market may reverse after touching or entering any of the channel drawn above.
Red lines may be a next target, if price crosses the channel satisfactory.
Note : Only for educational purpose