Light Sweet Crude Oil Front Month up to 55.8700
Approaching Resistance level of 55.8700 identified at 28-Aug-2019 05:00 EDT
Approaching Resistance level of 55.8700 identified at 28-Aug-2019 05:00 EDT
Broke through Resistance level of 56.6000 at 21-Aug-2019 07:00 EDT
Rising Wedge identified at 18-Aug-2019 20:00 EDT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 57.4700 within the next 3 days.
Approaching Support level of 53.7200 identified at 15-Aug-2019 06:00 EDT
Rising Wedge identified at 13-Aug-2019 06:15 EDT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 55.1800 within the next 12 hours.
Falling Wedge identified at 07-Aug-2019 06:00 EDT. This pattern is still in the process of forming. Possible bearish price movement towards the support 53.1500 within the next 9 hours.
Falling Wedge identified at 05-Aug-2019 07:00 EDT. This pattern is still in the process of forming. Possible bearish price movement towards the support 53.5900 within the next 2 days.
Channel Up identified at 01-Aug-2019 06:00 EDT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 58.4700 within the next day.
Triangle identified at 31-Jul-2019 06:45 EDT. This pattern is still in the process of forming. Possible bearish price movement towards the support 58.2100 within the next 6 hours.
Falling Wedge has broken through the resistance line at 29-Jul-2019 05:00 EDT. Possible bullish price movement forecast for the next 12 hours towards 56.6729.