Testing weekly resistance

NYMEX:CL1!   Light Crude Oil Futures
Oil price is climbing back to test the bottom of a broken channel (resistance) and the 200 weeks MA line.
This is the key focus zone for the coming days/weeks.
Failure to break into the channel will lead to another bearish wave.
A close back inside the channel will trigger a false break scenario and potentially ignite a rally in oil prices.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out