The above chart shows crude oil 5 hours chart from this chart, it is trading below its bullish trend line and it doesn't break it resistance level 2790-2830 and again taken bearish trend now it it is clearly indicated to sell @2620 level for the targets 2400,2274 and 1850 levels
See Fibonacci Fan indicator it is trading below 50% of its bullish trend it is also clearly indicated for strong selling
No comments:
Post a Comment