logo

FX.co ★ Technical Analysis of Daily Price Movement of Crude Oil Commodity Asset , Monday February 19, 2024.

Technical Analysis of Daily Price Movement of Crude Oil Commodity Asset , Monday February 19, 2024.

Technical Analysis of Daily Price Movement of Crude Oil Commodity Asset , Monday February 19, 2024.

On the daily chart of Crude oil commodity asset, there is the price movement which is success to break above MWA 30 Shift 2 and currently trying to break above the level area of 79,17-81,53. If successfully passed, then #CL has the potential to continue its strengthening to the level 88,18, but if on the way to the level target that has been described before suddenly there is a weakness correction which makes #CL breaks below the level 73,56, then the strengthening scenario that has described before will cancel itself.

(Disclaimer)

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
Go to the articles list Go to this author's articles Open trading account