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The Commodity Charts That Matter

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 17, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Crude Oil HoldFalling Wedge WTI Crude Oil has beenshowing a lot of signs of bullish price action recently since the confirmationof the Double Bottom at $26. From the break of the important $34.82 level, themarket tested the 38.39 area very quickly and now after a small pullback, themarket has come back to test the major Falling Wedge pattern only to break the39 level. With an inverse Head and Shoulders now formed, a close above thisneckline could be the impetus of a much large move with

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