Light Sweet Crude Oil Front Month down to 56.1200
Approaching Support level of 56.1200 identified at 20-Feb-2019 04:00 EST
Approaching Support level of 56.1200 identified at 20-Feb-2019 04:00 EST
Channel Down identified at 19-Feb-2019 05:30 EST. This pattern is still in the process of forming. Possible bearish price movement towards the support 56.0000 within the next 6 hours.
Rising Wedge has broken through the support line at 18-Feb-2019 04:30 EST. Possible bearish price movement forecast for the next 5 hours towards 55.8976.
Light Sweet Crude Oil Front Month experienced a 6.8% bullish movement in the last 8 days.
Falling Wedge identified at 11-Feb-2019 00:00 EST. This pattern is still in the process of forming. Possible bearish price movement towards the support 51.8000 within the next 2 days.
Channel Up identified at 06-Feb-2019 16:00 EST. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 55.3700 within the next 3 days.
Broke through Resistance level of 54.9300 at 05-Feb-2019 05:00 EST
Broke through Resistance level of 55.4600 at 04-Feb-2019 05:30 EST
Triangle identified at 27-Jan-2019 20:00 EST. This pattern is still in the process of forming. Possible bearish price movement towards the support 51.8600 within the next 3 days.
Channel Up identified at 24-Jan-2019 12:00 EST. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 54.5100 within the next 3 days.