TradingView
Forza
Mar 18, 2020 10:07 AM

Lower crude oil prices are expected if it is fixed below ~25.5 

Crude Oil FuturesNYMEX

Description

Lower crude oil prices (CL1!) are expected if it is fixed below ~25.5 ...
Details are shown in the image.

Comment

level 23.00 was touched.
If price holds below this level, I expect a further downward move toward 19.5!

Comment

It would be the end of the fall in crude oil if the price can hold above 23.00 and then above 27.5...

Comment

As I mentioned in the previous comment, 27.5 is an important level and now the price is trying to stay above this level ...

Comment

price failed to stay above 27.5...

Comment

price is struggling to hold above 23.00 level after failed to stay above 27.5 ...

Trade closed: target reached

More