FX.co ★ Technical Analysis of Daily Price Movement of Crude Oil Commodity Asset, Monday September 30, 2024.

With the appearance of hidden deviations between the price movement of crude oil commodity assets forming Higher-Low while the Stochastic Oscillator indicator actually forms Higher-High and the price movement of #CL moves harmoniously within the Bearish Pitchfork channel, it has given an indication that #CL is being dominated by Sellers, although in the next few days there is the potential for a strengthening correction, but as long as it does not break above the level of 72.50 and/or above the Upper Pitchfork line, #CL still has the potential to continue its weakening to the level of 65.27 and if the momentum and volatility support it, #CL will continue its weakening to the Lower Line of the Bearish Pitchfork.

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