Light Crude Oil Futures Are looking for new highs

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We see a strong pullback from buyers after an important down Mouvement crossing trend
resistance line and the VWAP Price line, there is a great probability that the price will run to the
VWAP price line During the upcoming days..

Giao dịch được đóng thủ công
Hello, everyone,

After our last forecast on CL1! posted on 02/05/2020, the price makes a nice 5$ up movement now we are reaching the 0.786 Fibonacci level.
we expecting:
PROB 1: a great probability for a rebound at that level.
PROB 2: continuing the up movement if thee price cross 0.786 Fibonacci level and a great probability to reach the next fibo level.

Kind regards.
Ghi chú
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