Sunday, June 23, 2013

COMEX CRUDE OIL

 
Some days before It looked breakout from Inverse H&S formation which is the signs of very bullish pattern in weekly chart but at this time seems could be a false pattern due to trading below neck line But I think upward is still active because of RSI and Trend line . so we may see 102 to 103 levels very soon.  Near Lower Trend line need a Bullish Candle or Bullish Pattern in daily basis then should take action.

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