Main Quotes Calendar Forum
flag

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

parent
Forex Analysis:::2024-09-30T04:01:55

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

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.

(Disclaimer)

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...