Critical zone in Crude Oil - Double bottom with monthly pattern
Last time I mentioned Crude was when it bounced from the Monthly pattern I've posted here about more than half a year ago.
Now Crude is about to reach 40$ again and maybe create a monthly double bottom inside the pattern's PRZ.
The longer term target levels are shown in the chart.
If 40$ won't hold as support, the price could try and re-test the X point level near 33$
Now Crude is about to reach 40$ again and maybe create a monthly double bottom inside the pattern's PRZ.
The longer term target levels are shown in the chart.
If 40$ won't hold as support, the price could try and re-test the X point level near 33$
