I mentioned that crude oil could easily form a weekly hanging man or pin bar candle this week. now the price is still within the rising wedge in the weekly TF. Daily candle is rather bullish. I see crude oil continue to march towards the upper resistance line of the rising wedge in the weeks to come if that pin bar has become a supportive candle.
Daily support/resistance on 20th Jun: 48.46, 47.65
Weekly support/resistance for 20th-24th Jun: 48.44, 47.6
Monthly support/resistance for Jun: 48.2, 48.09, 46.93, 46.62
Daily support/resistance on 20th Jun: 48.46, 47.65
Weekly support/resistance for 20th-24th Jun: 48.44, 47.6
Monthly support/resistance for Jun: 48.2, 48.09, 46.93, 46.62
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