CRUDE Oil chart analysis

  • 5 Minutes chart of crude oil shows an inverted head and shoulders reversal.
  • Daily time frame is nearing the crucial resistance line which has been acting as stiff resistance level for many weeks now.
  • 4 Hour chart shows Ichimoku cloud stopping bigger corrections from happening.

No comments:

Post a Comment


All the contents of niftychartsandpatterns are for educational purposes only and are not Investment Advice or recommendations offered to any person(s) with respect to the purchase or sale of the stocks / futures. Niftychartsandpatterns shall not be held responsible for the actions of individuals, parties, or corporations taken in response to the ideas, thoughts, concepts or information presented in this blog. Hence all the visitors are requested to apply their prudence and consult their financial or investment adviser before acting on any of the Ideas in this blog.