Resistance line breached by Light Sweet Crude Oil AUGUST 2019
Light Sweet Crude Oil AUGUST 2019 has broken through the resistance line which it has tested twice in the past. We have seen it retrace from this position before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 55.3830 can be expected within the next 22 hours.
Did you know that our social media feeds are updated only 3x per day, and don’t look at short term movements?
If you open a live account with a broker that support Autochartist, you’ll get:
Analysis as low as 15 minute data intervals Short term forecasts Risk and volatility information
