Crude futures rose on demand as we saw price climb $73 per barrel as the time of publishing this report. Looking at the price action from the monthly chart, we’re seeing a possible bullish price action to continue after price found a new low around the $56 level.
Technically, we’re also seeing a morning star candlestick pattern which indicates a bullish reversal.
Technically, we’re also seeing a morning star candlestick pattern which indicates a bullish reversal.
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