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Bullish movement expected on Crude Oil by ThinkingAntsOk

Light Crude Oil Futures (NYMEX:CL1!)  
ThinkingAntsOk  
NYMEX:CL1!   Light Crude Oil Futures
Trend Analysis Support and Resistance Multiple Time Frame Analysis crude Oil brent WTI Crude Oil WTI
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trendanalysis supportandresistance mtfa crude oil brent wti usoil
Main items we can see on the chart:

a) The price was inside a compression

b) The price broke the compression and now we are observing a corrective structure above it

c) If the price breaks the new corrective structure we expect a bullish movement

d) The target we will be aiming for is the next Resistance zone
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