AGCL

Crude Oil will meet us at 78$ in coming days

Long
NYMEX_DL:CL1!   Light Crude Oil Futures
Bias Bullish if break above 73.30 and stay 1-3 Hrs.' above mentioned trigger line then we can easily meet with prices at 78$ in coming days.
1.Symmetrical Triangle which is price continuation pattern.
2. Upper trend breakout will heat up bulls.
3. Most influential trigger line will be break in daily time frame at 73.30$.
4. Inventories short fall.
5. Seasonal in line of Crude.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.