Technical Analysis of Intraday Price Movement of Crude Oil Commodity Asset , Monday April 22 2024.


With the appearance of Descending Broadening Wedge pattern on the 4 hour chart, Crude Oil commodity asset gives the clue that in the near future #CL has the potential to have a strengthening correction upward, as long as there is no continuing weakness which is down below the level 80,29, then #CL has the potential to return strong to the level 83,92 as the main target and if the volatility and momentum is strong enough, then the level 84,88 will be the next target.


The material has been provided by InstaForex Company –

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