Choice International Ltd
Published on 9/01/2018 11:03:37 AM
Crude Oil prices has started the day on positive note and traded in range bound momentum for entire day. Overall, Crude Oil is in bullish trend where it has given breakout of “pennant” pattern and sustained above it on daily charts. Moreover, price has traded above 21 days EMA on daily chart. Furthermore, MACD is in buying mode with positive crossover. Based on the above technical structure, we continue our bullish view in Crude Oil for upcoming day.
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