Commodities Analysis and Opinion
Is Crude Oil on the Verge of Another Collapse?
2022.11.18 12:02
A perfect rectangle has formed (double high, double low) for on the daily chart. The double top formation will technically be confirmed if the price clears $81.
The measured move is big, but we take it one day at a time. If at all, buyers may show up, but with a tight stop-loss.
Crude Oil 5-Hr Chart
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