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wasif87

Crude Oil upward trajectory !!

Long
Light Crude Oil Futures (NYMEX_DL:CL1!)  
wasif87  
NYMEX_DL:CL1!   Light Crude Oil Futures
Parallel Channel Cup And Handle Fibonacci Crude Oil crudeoilforecast
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parallelchannel cupandhandle fibonacci crudeoil crudeoilforecast
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Crude oil is moving upwards by marking HH @ 95 and HL @ 81.5,
81.5 is .786 fib support from previous low),
Curved parallel channel suggests that max downward should be around 79; which is .886 fib level from 77.71),
97 & 104 will be crucial level in coming weeks as resistance.

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