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traderpulse

US crude oil Technical analysis

Long
CFDs on WTI Crude Oil (TVC:USOIL)  
traderpulse  
TVC:USOIL   CFDs on WTI Crude Oil
Trend Analysis Chart Patterns priceaction rangebound
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trendanalysis chartpattern priceaction rangebound
Crude oil, after making a bullish breakout, retreated to the $58 handle.
Now it is consolidating via range-bound movements.
We expect the pair to remain in the range and now move to the top end of the range.
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