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Crude Oil

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crude oil going to test $60 level and change direction or its only pause before continuity

Crude oil analysis

as I wrote last month: Is there a negative deviation between the oil price and the technical parameters on the charts?  as reflected so happened!
Oil prices founded difficult to stay at high levels prices , oil behaving strangely– we saw strange behavior – every time crude oil show strong move down it came back to higher numbers since may, but this month it’s not the case !   Crude oil reached all-time high since 2014 to almost 77$ and then went down sharp below 70$, meanwhile without any recover again - definitely, it is not late to arrive
what now?

Crude oil price analysis
Crude oil analysis

Crude oil technical analysis
68 $+_ became a major resistance area
now we should pay attention to  60$ +_ price area
upper limits above 60 stay in 64.20 - 65.30- 66.20  area, break up those levels will send crude oil to cope with 68$ area again, while stay below 60$  above could send crude oil  to lowers numbers

Crude oil price
Crude oil chart

This review does not include any document and/or file attached to it as an advice or recommendation to buy/sell securities and/or other advice

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