US OIL APPROACHING FOR TRIPLE TOP
US OIL APPROACHING FOR TRIPLE TOP
Features and Highlights :
Features and Highlights :
- US Oil is closed at 77.00 which is near to the earlier top, which is a strong resistance.
- The price was retracted on 2 occasions at 77.05 and now approaching for Triple Top formation.
- If the Top is breaches, further rally is expected in short term.
- The trend line also formed a ascending triangle pattern. If not the Top is breached, the price will be oscillating in this triangle and take break on upward or downward direction of the trend.
- Interesting to see the developments in the coming days.
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