look4edge
Short

Crude oil - AP case

NYMEX:CL1!   LIGHT CRUDE OIL FUTURES
223 0 7
Chart based on AP             running from 1998 low, with lot of significant interactions through decades lasting bulltrend.

Currently WL1 broken, tested and rejected by bearish price action - 5 dojis followed by failed breakout.
Close sitting at daily bearflag and ichimoku cloud support.

If 44/43 figure goes, there is nothing below and downtrend can continuate lower.
Target would be at WL2 around 32 level, neverthesess, Saudies see ideal level of Brent at 80 bucks again, so let's see.
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out