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Crude Oil trading near its resistance

Short
CFD Petrolio WTI (TVC:USOIL)  
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TVC:USOIL   CFD Petrolio WTI
Chart Patterns crude Oil brent
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chartpattern crude oil brent
  • Currently, Crude Oil is trading near its strong resistance 114.5-116.5 USD/BL.

    Technically, there are chances that it may cool off to its major support around 100 USD/BL.

    On a flip note, if the price breaches the resistance, then the crude oil may re-test 140.

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