CRUDE OIL SWING IDEAS (LONG)

Crude oil has formed based and will travel further north in coming days due to the following reasons

1)Base formation or consolidation for quiet few weeks
2)20 EMA & 50 EMA crossover on an hourly chart
3)Lows not broken, swing high is taken out
4)W pattern

Need to patiently hold & wait, might see bigger target

(FOR EDUCATION PURPOSE ONLY)
Double Top or BottomMoving AveragesSupport and Resistance

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