Get started
Sirius-Trading-Academy

Crude Oil - Double Top Pattern found in one hour chart

Short
Crude Oil Futures (MCX:CRUDEOILK2021)  
Sirius-Trading-Academy Updated   
MCX:CRUDEOILK2021   Crude Oil Futures
Support and Resistance Trend Lines Double Top or Bottom Crude Oil crudeanalysis crudetrend crudeoilanalysis crudeoilprediction crudeprediction Double Top
1
0
supportandresistance trendline doubletoporbottom crudeoil crudeanalysis crudetrend crudeoilanalysis crudeoilprediction crudeprediction doubletop
Double Top - Bearish candles expected in the upcoming days if the demands are lowered.
After the double bottom the market has showed a steady up trend rally. Same way now Double top has been formed.
This has happen before and again its showing a strong double top , Hence down trend rally is possible if the demands are lowered.

Given is my personal analysis.
Trade closed: target reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.