Crude Oil Update (4-Hour Timeframe)
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Disclaimer: This technical analysis is based on the provided data and should not be considered financial advice. Trading involves risk, and past performance is not indicative of future results.
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- b]Bullish Indicators Identified: A breakout from a falling wedge pattern is anticipated. Price is expected to first take support from the current zone before a breakout occurs.
Key Levels:- Support: 5480
- Resistance: 5830
- Breakout Confirmation: Wait for price to hold at support before confirming the breakout towards higher levels.
- Risk Management: Always use stop-loss strategies to minimize risks in case of unexpected price movement.
Disclaimer: This technical analysis is based on the provided data and should not be considered financial advice. Trading involves risk, and past performance is not indicative of future results.
IF THIS WILL HELP YOU, PLEASE LIKE THE POST ❤️
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Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.