RLinda

Crude Oil ! Growth from the support of the ascending channel

Long
NYMEX:CL1!   Light Crude Oil Futures
Crude Oil is trading in an uptrend. The price maintains an upward price channel and feels the boundaries well. At the moment, the level of 108.75 has been broken and the price is trying to consolidate above this level.

I expect the price to rise after fixing above the support level of 108.75 (at the point where the support of the rising channel crosses).
Potential in the medium term up to 115.4

Sincerely, R. Linda!

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