Crude futures rose on demand as we saw price climb $73 per barrel as the time of publishing this report. Looking at the price action from the monthly chart, we’re seeing a possible bullish price action to continue after price found a new low around the $56 level.
Technically, we’re also seeing a morning star candlestick pattern which indicates a bullish reversal.
Technically, we’re also seeing a morning star candlestick pattern which indicates a bullish reversal.
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.
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.